£100,166
This estimated value is based upon the latest sale price for the house of £75,000 on 15 Jun 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 |
|---|---|
| £75,000 | 15 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 June 2016 the House Price Index for GREATER MANCHESTER was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £75,000 results in an estimated price of approximately £100,166.
| 15 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £75,000 | £25,166 | £100,166 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | 42.106 % | £31,579 | £106,579 |
| 3 Month Average | 11.213 % | £8,409 | £83,409 |
| 6 Month Average | 63.197 % | £47,397 | £122,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £189,659 | £188,000 | 8 DEVONSHIRE STREET |
| 8 Apr 2022 | £242,003 | £235,000 | 1 BENNETT DRIVE |
| 9 Mar 2022 | £238,444 | £230,100 | 25 WALLY SQUARE |
| 9 Dec 2021 | £182,134 | £170,000 | 98 DEVONSHIRE STREET |
| 25 Jun 2021 | £194,199 | £181,000 | 24 WALLY SQUARE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 6 Sep 2017. Using an estimated price of £100,166 means this house is valued at £1,335 per sq meter (£124 per sq foot).
The average size of a house on BENNETT DRIVE is 105 sq meters (1,130 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).