£351,195
This estimated value is based upon the latest sale price for the house of £285,000 on 5 Nov 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 |
|---|---|
| £285,000 | 5 Nov 2018 |
| £112,000 | 4 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £285,000 results in an estimated price of approximately £351,195.
| 5 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £285,000 | £66,195 | £351,195 |
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 | -11.974 % | £-34,126 | £250,873 |
| 3 Month Average | -13.725 % | £-39,116 | £245,883 |
| 6 Month Average | 9.219 % | £26,275 | £311,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £630,516 | £625,000 | 92 ATWOOD ROAD |
| 20 Feb 2023 | £449,697 | £450,000 | 118 SCHOOL LANE |
| 15 Aug 2022 | £204,450 | £205,000 | APARTMENT 4 360 PARRS WOOD ROAD |
| 6 Jul 2022 | £215,580 | £215,000 | APARTMENT 14 126 SCHOOL LANE |
| 30 Jun 2022 | £361,103 | £356,000 | 127 SCHOOL LANE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 28 Aug 2019. Using an estimated price of £351,196 means this house is valued at £3,163 per sq meter (£293 per sq foot).
The average size of a house on SCHOOL LANE is 77 sq meters (838 sq feet).