£438,410
This estimated value is based upon the latest sale price for the house of £357,500 on 1 Oct 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 |
|---|---|
| £357,500 | 1 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £357,500 results in an estimated price of approximately £438,410.
| 1 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £357,500 | £80,910 | £438,410 |
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 | 10.427 % | £37,276 | £394,776 |
| 3 Month Average | 14.580 % | £52,124 | £409,624 |
| 6 Month Average | 18.596 % | £66,480 | £423,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £540,730 | £536,000 | 128 WOODHOUSE LANE EAST |
| 6 Jan 2023 | £338,406 | £340,000 | 47 ARCADIA AVENUE |
| 6 Jan 2023 | £691,741 | £695,000 | 108 WOODHOUSE LANE EAST |
| 25 Aug 2022 | £992,329 | £995,000 | 10 HIGHGROVE |
| 12 Aug 2022 | £650,250 | £652,000 | 163 WOODHOUSE LANE EAST |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 7 Jun 2019. Using an estimated price of £438,410 means this house is valued at £4,981 per sq meter (£462 per sq foot).
The average size of a house on ARCADIA AVENUE is 102 sq meters (1,101 sq feet).