£223,987
This estimated value is based upon the latest sale price for the house of £170,000 on 18 Nov 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 |
|---|---|
| £170,000 | 18 Nov 2016 |
| £158,500 | 7 Sep 2005 |
| £143,000 | 13 Nov 2003 |
| £143,000 | 13 Nov 2003 |
| £120,317 | 16 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £170,000 results in an estimated price of approximately £223,987.
| 18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £170,000 | £53,987 | £223,987 |
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 | 10.837 % | £18,423 | £188,423 |
| 3 Month Average | 2.965 % | £5,040 | £175,040 |
| 6 Month Average | 32.433 % | £55,136 | £225,136 |
| 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 84 sq meters or 904 sq feet when measured on 3 May 2016. Using an estimated price of £223,988 means this house is valued at £2,666 per sq meter (£247 per sq foot).
The average size of a house on SCHOOL LANE is 77 sq meters (838 sq feet).