£544,141
This estimated value is based upon the latest sale price for the house of £450,000 on 29 Jul 2020. 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 |
|---|---|
| £450,000 | 29 Jul 2020 |
| £250,000 | 8 Jan 2010 |
| £249,950 | 26 Aug 2005 |
| £95,000 | 30 Apr 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 140 sq meters or 1,506 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 July 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £450,000 results in an estimated price of approximately £544,141.
| 29 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £450,000 | £94,141 | £544,141 |
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 | 21.064 % | £94,788 | £544,788 |
| 3 Month Average | 32.175 % | £144,788 | £594,788 |
| 6 Month Average | 32.416 % | £145,872 | £595,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £380,116 | £375,000 | 12 NEWLYN DRIVE |
| 28 Jun 2023 | £420,089 | £415,000 | 6 FARLEY ROAD |
| 28 Jun 2023 | £468,171 | £462,500 | 79 NEWLYN DRIVE |
| 9 Jun 2023 | £346,193 | £342,000 | 36 ASHSTEAD ROAD |
| 31 Mar 2023 | £383,614 | £380,000 | 21 NEWLYN DRIVE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 27 Jan 2020. Using an estimated price of £544,141 means this house is valued at £3,886 per sq meter (£361 per sq foot).
The average size of a house on NEWLYN DRIVE is 91 sq meters (986 sq feet).