£355,761
This estimated value is based upon the latest sale price for the house of £290,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £290,000 | 6 Dec 2019 |
| £161,500 | 8 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in December 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £290,000 results in an estimated price of approximately £355,761.
| 6 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £290,000 | £65,761 | £355,761 |
The Postcode Pricing Model uses changes in average sales price within the M33 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 12.653 % | £36,693 | £326,693 |
| 3 Month Average | 28.469 % | £82,558 | £372,558 |
| 6 Month Average | 22.719 % | £65,883 | £355,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £306,031 | £301,500 | 58 ALDERLEY ROAD |
| 20 Jun 2023 | £376,663 | £372,100 | 2 MARTHALL DRIVE |
| 17 Feb 2023 | £209,859 | £210,000 | 18 FRODSHAM ROAD |
| 16 Nov 2022 | £415,961 | £421,000 | 5 GRALAM CLOSE |
| 13 Dec 2021 | £305,342 | £285,000 | 75 ALDERLEY ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 21 Aug 2019. Using an estimated price of £355,762 means this house is valued at £2,940 per sq meter (£273 per sq foot).
The average size of a house on GAWSWORTH ROAD is 92 sq meters (998 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).