£617,838
This estimated value is based upon the latest sale price for the house of £405,000 on 8 Aug 2014. 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 |
---|---|
£405,000 | 8 Aug 2014 |
Semi-Detached |
Freehold |
Floor Area: 144 sq meters or 1,553 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 2014 the House Price Index for GREATER MANCHESTER was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £405,000 results in an estimated price of approximately £617,838.
8 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £405,000 | £212,838 | £617,838 |
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 | 96.854 % | £392,257 | £797,257 |
3 Month Average | 70.061 % | £283,747 | £688,747 |
6 Month Average | 43.994 % | £178,177 | £583,177 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £761,703 | £750,000 | 21 HEATON ROAD |
22 Nov 2023 | £215,469 | £210,000 | APARTMENT 12 10 ST PAULS ROAD |
5 Apr 2023 | £193,622 | £190,000 | FLAT 1 43 - 45 HEATON ROAD |
15 Mar 2023 | £355,944 | £350,000 | 9 HEATON ROAD |
27 Jan 2023 | £278,745 | £278,000 | 22 HEATON ROAD |
This house has a floor area of 144 sq meters or 1,553 sq feet when measured on 27 May 2010. Using an estimated price of £617,839 means this house is valued at £4,280 per sq meter (£397 per sq foot).
The average size of a house on PARSONAGE ROAD is 109 sq meters (1,183 sq feet).