£332,536
This estimated value is based upon the latest sale price for the house of £225,000 on 27 Feb 2015. 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 |
---|---|
£225,000 | 27 Feb 2015 |
£92,500 | 24 Jan 2000 |
Detached |
Leasehold |
Floor Area: 77 sq meters or 828 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 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £225,000 results in an estimated price of approximately £332,536.
27 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £225,000 | £107,536 | £332,536 |
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 | 40.221 % | £90,497 | £315,497 |
3 Month Average | 57.006 % | £128,263 | £353,263 |
6 Month Average | 92.684 % | £208,539 | £433,539 |
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 |
17 Nov 2023 | £274,057 | £270,000 | 55 CHESTERTON ROAD |
19 Jan 2023 | £507,609 | £510,000 | 20 FAIRWOOD ROAD |
27 Jul 2022 | £330,891 | £330,000 | 27 CHESTERTON ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 4 Nov 2014. Using an estimated price of £332,537 means this house is valued at £4,318 per sq meter (£401 per sq foot).
The average size of a house on GOODWOOD AVENUE is 133 sq meters (1,434 sq feet).