£1,043,569
This estimated value is based upon the latest sale price for the house of £725,000 on 2 Jul 2015. 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 |
|---|---|
| £725,000 | 2 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 301 sq meters or 3,239 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 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £725,000 results in an estimated price of approximately £1,043,569.
| 2 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £725,000 | £318,569 | £1,043,569 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | -43.466 % | £-315,131 | £409,868 |
| 3 Month Average | 102.549 % | £743,479 | £1,468,479 |
| 6 Month Average | 121.149 % | £878,331 | £1,603,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £277,862 | £273,000 | 25 FELL PARK ROAD |
| 28 Jul 2023 | £485,535 | £479,000 | 4 CARLTON AVENUE |
| 23 Jun 2022 | £491,952 | £485,000 | 53 PARK ROAD |
| 7 Jun 2022 | £760,751 | £750,000 | 25 PARK ROAD |
| 16 May 2022 | £509,602 | £500,000 | 40 PARK ROAD |
This house has a floor area of 301 sq meters or 3,239 sq feet when measured on 8 Jul 2013. Using an estimated price of £1,043,570 means this house is valued at £3,467 per sq meter (£322 per sq foot).
The average size of a house on PARK ROAD is 190 sq meters (2,055 sq feet).
This house is the largest in the street with a floor area of 301 sq meters (3,239 sq feet).