£776,056
This estimated value is based upon the latest sale price for the house of £500,000 on 4 Dec 2007. 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 |
|---|---|
| £500,000 | 4 Dec 2007 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 December 2007 the House Price Index for GREATER MANCHESTER was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £500,000 results in an estimated price of approximately £776,056.
| 4 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £500,000 | £276,056 | £776,056 |
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 | 31.104 % | £155,518 | £655,518 |
| 3 Month Average | 22.216 % | £111,079 | £611,079 |
| 6 Month Average | 47.205 % | £236,026 | £736,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £187,963 | £185,560 | FLAT 4 PARK LANE COURT, 31 PARSONAGE ROAD |
| 17 Aug 2023 | £238,083 | £236,000 | FLAT 6 38 PARSONAGE ROAD |
| 30 Jun 2023 | £172,084 | £170,000 | APARTMENT 1 30 BRUNSWICK ROAD |
| 5 Apr 2023 | £192,068 | £190,000 | FLAT 1 43 - 45 HEATON ROAD |
| 15 Mar 2023 | £353,329 | £350,000 | 9 HEATON ROAD |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 15 Sep 2016. Using an estimated price of £776,056 means this house is valued at £3,626 per sq meter (£336 per sq foot).
The average size of a house on PARSONAGE ROAD is 109 sq meters (1,183 sq feet).