£196,344
This estimated value is based upon the latest sale price for the house of £120,000 on 2 Oct 2013. 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 |
|---|---|
| £120,000 | 2 Oct 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 October 2013 the House Price Index for GREATER MANCHESTER was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £120,000 results in an estimated price of approximately £196,344.
| 2 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £120,000 | £76,344 | £196,344 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 44.098 % | £52,917 | £172,917 |
| 3 Month Average | 59.843 % | £71,811 | £191,811 |
| 6 Month Average | 64.114 % | £76,936 | £196,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £90,794 | £90,000 | APARTMENT 14 21 - 25 ASHTON LANE |
| 28 Jul 2023 | £273,683 | £270,000 | FLAT 5 16 PARK ROAD |
| 6 Jul 2023 | £216,413 | £213,500 | APARTMENT 12A THE CHAMBERS, 32 YORK ROAD |
| 6 Jan 2023 | £213,992 | £215,000 | APARTMENT 12 THE CHAMBERS, 32 YORK ROAD |
| 2 Nov 2021 | £189,265 | £175,000 | APARTMENT 64 21 - 25 ASHTON LANE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 2 Feb 2013. Using an estimated price of £196,345 means this house is valued at £3,327 per sq meter (£309 per sq foot).
The average size of a house on PARK ROAD is 128 sq meters (1,381 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).