£453,213
This estimated value is based upon the latest sale price for the house of £122,500 on 18 Aug 2000. 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 |
|---|---|
| £122,500 | 18 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 August 2000 the House Price Index for GREATER MANCHESTER was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £122,500 results in an estimated price of approximately £453,213.
| 18 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £122,500 | £330,713 | £453,213 |
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 | 214.472 % | £262,728 | £385,228 |
| 3 Month Average | 164.135 % | £201,065 | £323,565 |
| 6 Month Average | 229.151 % | £280,709 | £403,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £206,051 | £203,000 | APARTMENT 8 360 PARRS WOOD ROAD |
| 22 Sep 2023 | £434,050 | £428,500 | 29 KINGSFIELD DRIVE |
| 14 Aug 2023 | £630,516 | £625,000 | 92 ATWOOD ROAD |
| 2 Nov 2022 | £543,418 | £550,000 | 350 PARRS WOOD ROAD |
| 15 Aug 2022 | £204,450 | £205,000 | APARTMENT 4 360 PARRS WOOD ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 29 May 2020. Using an estimated price of £453,214 means this house is valued at £6,664 per sq meter (£619 per sq foot).
The average size of a house on SCHOOL LANE is 77 sq meters (838 sq feet).