£295,747
This estimated value is based upon the latest sale price for the house of £221,000 on 6 Sep 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 |
|---|---|
| £221,000 | 6 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £221,000 results in an estimated price of approximately £295,747.
| 6 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £221,000 | £74,747 | £295,747 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 26.524 % | £58,616 | £279,616 |
| 3 Month Average | 26.180 % | £57,857 | £278,857 |
| 6 Month Average | 40.752 % | £90,061 | £311,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jul 2024 | £305,000 | £305,000 | 36 STEPHENS ROAD |
| 7 Dec 2023 | £397,205 | £385,000 | 63 FAIRHOLME ROAD |
| 4 Oct 2023 | £393,947 | £385,000 | 48 BROOKLEIGH ROAD |
| 17 Mar 2023 | £313,231 | £308,000 | 62 STEPHENS ROAD |
| 8 Feb 2023 | £378,529 | £376,000 | 64 ASHDENE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 27 May 2016. Using an estimated price of £295,748 means this house is valued at £3,249 per sq meter (£301 per sq foot).
The average size of a house on ASHDENE ROAD is 101 sq meters (1,094 sq feet).