£231,426
This estimated value is based upon the latest sale price for the house of £228,000 on 23 Nov 2023. 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 |
|---|---|
| £228,000 | 23 Nov 2023 |
| £122,500 | 21 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 November 2023 the House Price Index for GREATER MANCHESTER was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £228,000 results in an estimated price of approximately £231,426.
| 23 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £228,000 | £3,426 | £231,426 |
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 | -7.200 % | £-16,415 | £211,584 |
| 3 Month Average | -4.519 % | £-10,302 | £217,697 |
| 6 Month Average | -7.238 % | £-16,501 | £211,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £231,426 | £228,000 | 8 THELWALL ROAD |
| 17 Nov 2023 | £258,832 | £255,000 | 5 WRENBURY WALK |
| 18 Jul 2023 | £314,736 | £310,500 | 58 THELWALL ROAD |
| 23 Jun 2023 | £283,433 | £280,000 | 53 THELWALL ROAD |
| 19 Jun 2023 | £313,801 | £310,000 | 8 FARNDON CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 7 Jan 2015. Using an estimated price of £231,426 means this house is valued at £2,385 per sq meter (£221 per sq foot).
The average size of a house on THELWALL ROAD is 92 sq meters (990 sq feet).