£566,287
This estimated value is based upon the latest sale price for the house of £305,500 on 12 Jun 2009. 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 |
---|---|
£305,500 | 12 Jun 2009 |
£83,000 | 8 Aug 1997 |
Semi-Detached |
Freehold |
Floor Area: 107 sq meters or 1,160 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 2009 the House Price Index for GREATER MANCHESTER was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £305,500 results in an estimated price of approximately £566,287.
12 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.364 % | £305,500 | £260,787 | £566,287 |
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 | 107.065 % | £327,083 | £632,583 |
3 Month Average | 70.080 % | £214,095 | £519,595 |
6 Month Average | 46.363 % | £141,638 | £447,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Apr 2024 | £320,786 | £318,000 | 19 COLEMORE AVENUE |
23 Aug 2023 | £376,796 | £370,000 | 323 PARRS WOOD ROAD |
2 Nov 2022 | £547,440 | £550,000 | 350 PARRS WOOD ROAD |
20 Jun 2022 | £447,056 | £437,500 | 139 SCHOOL LANE |
7 Mar 2022 | £341,523 | £327,150 | 330 PARRS WOOD ROAD |
This house has a floor area of 107 sq meters or 1,160 sq feet when measured on 2 Dec 2008. Using an estimated price of £566,287 means this house is valued at £5,254 per sq meter (£488 per sq foot).
The average size of a house on PARRS WOOD ROAD is 96 sq meters (1,040 sq feet).