£136,160
This estimated value is based upon the latest sale price for the house of £102,500 on 29 Sep 2016. 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 |
|---|---|
| £102,500 | 29 Sep 2016 |
| £52,450 | 10 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £102,500 results in an estimated price of approximately £136,160.
| 29 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £102,500 | £33,660 | £136,160 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 167.813 % | £172,007 | £274,507 |
| 3 Month Average | 40.171 % | £41,175 | £143,675 |
| 6 Month Average | 44.769 % | £45,888 | £148,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £234,096 | £230,000 | 6 RAYSONHILL DRIVE |
| 29 Nov 2023 | £177,630 | £175,000 | 132 OLD MARKET STREET |
| 3 Jul 2023 | £228,070 | £225,000 | 45 CHAPELHILL DRIVE |
| 31 Aug 2022 | £184,503 | £185,000 | 97 CHAPEL LANE |
| 24 Jun 2022 | £95,347 | £94,000 | FLAT A 12 RAYSONHILL DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 25 Sep 2013. Using an estimated price of £136,160 means this house is valued at £2,032 per sq meter (£188 per sq foot).
The average size of a house on SILVERLEA DRIVE is 79 sq meters (853 sq feet).