£1,455
This estimated value is based upon the latest sale price for the house of £1,170 on 22 Jun 2018. 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 |
---|---|
£1,170 | 22 Jun 2018 |
£124,950 | 12 Jun 2015 |
Freehold |
Floor Area: 66 sq meters or 710 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 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £1,170 results in an estimated price of approximately £1,455.
22 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £1,170 | £285 | £1,455 |
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 | -8.859 % | £-103 | £1,066 |
3 Month Average | 32.423 % | £379 | £1,549 |
6 Month Average | 65.162 % | £762 | £1,932 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Apr 2022 | £249,211 | £242,000 | 22 AMBERWOOD DRIVE |
3 Dec 2021 | £123,208 | £115,000 | 64 AMBERWOOD DRIVE |
15 Nov 2021 | £248,748 | £230,000 | 36 AMBERWOOD DRIVE |
23 Jul 2021 | £203,995 | £177,500 | 52 AMBERWOOD DRIVE |
23 Jul 2021 | £258,585 | £225,000 | 10 DARTINGTON CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 9 Sep 2014. Using an estimated price of £1,455 means this house is valued at £22 per sq meter (£2 per sq foot).
The average size of a house on BEDLINGTON CLOSE is 86 sq meters (928 sq feet).