£284,207
This estimated value is based upon the latest sale price for the house of £280,000 on 3 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 |
|---|---|
| £280,000 | 3 Nov 2023 |
| £135,000 | 20 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 £280,000 results in an estimated price of approximately £284,207.
| 3 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £280,000 | £4,207 | £284,207 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 24.931 % | £69,807 | £349,807 |
| 3 Month Average | -26.213 % | £-73,395 | £206,604 |
| 6 Month Average | -6.333 % | £-17,733 | £262,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £390,000 | £390,000 | 56 KINGSWAY |
| 3 Nov 2023 | £284,208 | £280,000 | 80 MONICA GROVE |
| 30 Jun 2023 | £288,495 | £285,000 | 78 MONICA GROVE |
| 20 Jan 2023 | £328,453 | £330,000 | 42 SCARISBRICK ROAD |
| 16 Aug 2022 | £359,034 | £360,000 | 35 SCARISBRICK ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 27 Nov 2018. Using an estimated price of £284,208 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on MONICA GROVE is 100 sq meters (1,083 sq feet).