£625,173
This estimated value is based upon the latest sale price for the house of £367,500 on 18 Oct 2010. 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 |
---|---|
£367,500 | 18 Oct 2010 |
£200,000 | 16 Jun 2009 |
Semi-Detached |
Freehold |
Floor Area: 148 sq meters or 1,593 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 2010 the House Price Index for GREATER MANCHESTER was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £367,500 results in an estimated price of approximately £625,173.
18 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £367,500 | £257,673 | £625,173 |
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 | 30.904 % | £113,571 | £481,071 |
3 Month Average | 17.689 % | £65,005 | £432,505 |
6 Month Average | 53.755 % | £197,550 | £565,050 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £633,095 | £625,000 | 13 PARRS WOOD AVENUE |
22 Aug 2023 | £480,201 | £476,000 | 49 PARRS WOOD AVENUE |
27 Jul 2023 | £575,242 | £567,500 | 38 DALSTON DRIVE |
7 Sep 2022 | £580,314 | £585,000 | 14 PARRS WOOD AVENUE |
10 Dec 2021 | £286,058 | £267,000 | FLAT 7 SILVER BIRCHES, 396 PARRS WOOD ROAD |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 10 May 2014. Using an estimated price of £625,173 means this house is valued at £4,224 per sq meter (£392 per sq foot).
The average size of a house on PARRS WOOD AVENUE is 123 sq meters (1,325 sq feet).