£241,407
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Jun 2021. 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 |
|---|---|
| £225,000 | 28 Jun 2021 |
| £220,000 | 13 Jan 2017 |
| £175,000 | 30 Jun 2015 |
| £165,000 | 21 Jul 2008 |
| £140,000 | 23 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 51 sq meters or 548 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 June 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £225,000 results in an estimated price of approximately £241,407.
| 28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £225,000 | £16,407 | £241,407 |
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 | -25.834 % | £-58,127 | £166,872 |
| 3 Month Average | -27.414 % | £-61,681 | £163,318 |
| 6 Month Average | -6.970 % | £-15,682 | £209,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £187,963 | £185,560 | FLAT 4 PARK LANE COURT, 31 PARSONAGE ROAD |
| 15 Mar 2023 | £353,329 | £350,000 | 9 HEATON ROAD |
| 21 Feb 2023 | £176,481 | £176,600 | 20 GWYNANT PLACE |
| 27 Jan 2023 | £276,697 | £278,000 | 22 HEATON ROAD |
| 25 Jul 2022 | £632,202 | £630,500 | 7 NUNEHAM AVENUE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 29 Jun 2020. Using an estimated price of £241,408 means this house is valued at £4,733 per sq meter (£439 per sq foot).
The average size of a house on HEATON ROAD is 125 sq meters (1,346 sq feet).