£174,121
This estimated value is based upon the latest sale price for the house of £92,500 on 12 Nov 2004. 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 |
|---|---|
| £92,500 | 12 Nov 2004 |
| Terraced |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2004 the House Price Index for GREATER MANCHESTER was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £92,500 results in an estimated price of approximately £174,121.
| 12 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £92,500 | £81,621 | £174,121 |
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 | 109.159 % | £100,972 | £193,472 |
| 3 Month Average | 111.986 % | £103,586 | £196,086 |
| 6 Month Average | 159.633 % | £147,660 | £240,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £233,138 | £230,000 | 753 ALTRINCHAM ROAD |
| 10 Jul 2023 | £283,820 | £280,000 | 16 BECONTREE DRIVE |
| 4 Jul 2022 | £338,411 | £337,500 | 31 TOTTENHAM DRIVE |
| 25 Mar 2022 | £215,543 | £208,000 | 64 CHURCHSTOKE WALK |
| 15 Dec 2021 | £211,061 | £197,000 | 2 CHURCHSTOKE WALK |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 2 Apr 2014. Using an estimated price of £174,121 means this house is valued at £2,902 per sq meter (£269 per sq foot).
The average size of a house on CHARTWELL DRIVE is 71 sq meters (769 sq feet).