£277,793
This estimated value is based upon the latest sale price for the house of £270,000 on 28 Jul 2023. 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 |
---|---|
£270,000 | 28 Jul 2023 |
£195,000 | 6 Nov 2020 |
£129,950 | 24 Jul 2009 |
£50,000 | 24 Jun 1998 |
£43,000 | 15 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 100 sq meters or 1,076 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 July 2023 the House Price Index for GREATER MANCHESTER was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £270,000 results in an estimated price of approximately £277,793.
28 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £270,000 | £7,793 | £277,793 |
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 | -2.917 % | £-7,875 | £262,124 |
3 Month Average | -1.720 % | £-4,643 | £265,356 |
6 Month Average | 0.085 % | £230 | £270,230 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £91,653 | £90,000 | APARTMENT 14 21 - 25 ASHTON LANE |
23 Jun 2023 | £180,620 | £177,000 | APARTMENT 50 21 - 25 ASHTON LANE |
6 Jan 2023 | £215,576 | £215,000 | APARTMENT 12 THE CHAMBERS, 32 YORK ROAD |
2 Feb 2022 | £105,646 | £100,000 | APARTMENT 2 21 - 25 ASHTON LANE |
10 Sep 2021 | £217,114 | £200,000 | FLAT 3 16 PARK ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 19 Aug 2013.
The average size of a house on PARK ROAD is 128 sq meters (1,381 sq feet).