£225,885
This estimated value is based upon the latest sale price for the house of £187,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£187,000 | 28 Aug 2020 |
£123,500 | 4 May 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 85 sq meters or 914 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 2020 the House Price Index for GREATER MANCHESTER was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £187,000 results in an estimated price of approximately £225,885.
28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £187,000 | £38,885 | £225,885 |
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 | 124.719 % | £233,225 | £420,225 |
3 Month Average | 27.116 % | £50,706 | £237,706 |
6 Month Average | 10.328 % | £19,313 | £206,313 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £208,287 | £203,000 | APARTMENT 8 360 PARRS WOOD ROAD |
6 Oct 2023 | £203,113 | £198,500 | APARTMENT 15 128 SCHOOL LANE |
22 Sep 2023 | £438,159 | £428,500 | 29 KINGSFIELD DRIVE |
14 Aug 2023 | £636,480 | £625,000 | 92 ATWOOD ROAD |
2 Nov 2022 | £547,440 | £550,000 | 350 PARRS WOOD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 May 2019. Using an estimated price of £225,885 means this house is valued at £2,657 per sq meter (£246 per sq foot).
The average size of a house on SCHOOL LANE is 77 sq meters (838 sq feet).