£410,626
This estimated value is based upon the latest sale price for the house of £78,000 on 27 Feb 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£78,000 | 27 Feb 1997 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,243 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 February 1997 the House Price Index for GREATER MANCHESTER was 28.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 426.445%.Applying this 426.445% change to the original purchase price of £78,000 results in an estimated price of approximately £410,626.
27 Feb 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.2 | 148.6 | 426.445 % | £78,000 | £332,626 | £410,626 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 241.102 % | £188,059 | £266,059 |
3 Month Average | 369.337 % | £288,082 | £366,082 |
6 Month Average | 480.722 % | £374,963 | £452,963 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £386,767 | £380,000 | 21 SANDILANDS ROAD |
24 Nov 2023 | £507,514 | £500,000 | 5 FAIRWOOD ROAD |
7 Sep 2023 | £362,130 | £357,500 | 159 WENDOVER ROAD |
19 Jan 2023 | £507,609 | £510,000 | 20 FAIRWOOD ROAD |
27 May 2022 | £540,178 | £530,000 | 11 FAIRWOOD ROAD |
This house has a floor area of 115 sq meters or 1,243 sq feet when measured on 13 Jan 2011. Using an estimated price of £410,627 means this house is valued at £3,555 per sq meter (£330 per sq foot).
The average size of a house on FAIRWAY AVENUE is 122 sq meters (1,315 sq feet).