£975,305
This estimated value is based upon the latest sale price for the house of £575,000 on 27 May 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £575,000 | 27 May 2010 |
| £170,000 | 25 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 285 sq meters or 3,067 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 May 2010 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £575,000 results in an estimated price of approximately £975,305.
| 27 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £575,000 | £400,305 | £975,305 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -15.655 % | £-90,018 | £484,981 |
| 3 Month Average | 43.333 % | £249,164 | £824,164 |
| 6 Month Average | 59.468 % | £341,941 | £916,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2022 | £747,011 | £745,000 | 9 EARL ROAD |
| 28 Feb 2022 | £938,582 | £895,000 | 67 PARSONAGE ROAD |
| 25 Feb 2022 | £576,782 | £550,000 | 43 STANLEY ROAD |
| 18 Feb 2022 | £85,993 | £82,000 | APARTMENT 5 37 - 39 LEA ROAD |
| 10 Mar 2021 | £333,933 | £300,000 | FLAT 3 26 BROOMFIELD ROAD |
This house has a floor area of 285 sq meters or 3,067 sq feet when measured on 5 Feb 2014. Using an estimated price of £975,305 means this house is valued at £3,422 per sq meter (£317 per sq foot).
The average size of a house on PARSONAGE ROAD is 178 sq meters (1,919 sq feet).