£254,847
This estimated value is based upon the latest sale price for the house of £192,000 on 18 Nov 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 |
|---|---|
| £192,000 | 18 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £192,000 results in an estimated price of approximately £254,847.
| 18 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £192,000 | £62,847 | £254,847 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 66.350 % | £127,392 | £319,392 |
| 3 Month Average | 98.273 % | £188,683 | £380,683 |
| 6 Month Average | 71.970 % | £138,183 | £330,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £282,162 | £275,000 | 5 BARNSFOLD AVENUE |
| 22 Aug 2023 | £164,976 | £162,000 | 66 CHERVIL CLOSE |
| 15 Feb 2023 | £322,152 | £320,000 | 78 WELLINGTON ROAD |
| 28 Jul 2022 | £341,421 | £338,000 | 4 FINCHLEY ROAD |
| 9 Jun 2022 | £301,955 | £295,500 | 20 BARNSFOLD AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 8 Sep 2016. Using an estimated price of £254,847 means this house is valued at £2,963 per sq meter (£275 per sq foot).
The average size of a house on WEMBLEY GROVE is 117 sq meters (1,267 sq feet).