£743,773
This estimated value is based upon the latest sale price for the house of £427,500 on 31 May 2011. 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 |
---|---|
£427,500 | 31 May 2011 |
£390,000 | 25 Sep 2007 |
Semi-Detached |
Freehold |
Floor Area: 188 sq meters or 2,023 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 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £427,500 results in an estimated price of approximately £743,773.
31 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £427,500 | £316,273 | £743,773 |
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 | 142.290 % | £608,288 | £1,035,788 |
3 Month Average | 82.900 % | £354,395 | £781,895 |
6 Month Average | 58.062 % | £248,215 | £675,715 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Oct 2023 | £619,060 | £605,000 | 5 ALAN ROAD |
8 Sep 2023 | £296,537 | £290,000 | 21 FAIRHOLME ROAD |
13 Jun 2023 | £153,067 | £150,000 | FLAT 1 64 - 66 PARSONAGE ROAD |
9 Nov 2022 | £622,091 | £625,000 | 25 ALAN ROAD |
26 Aug 2022 | £261,221 | £260,000 | 4 FAIRHOLME ROAD |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 11 Jun 2010. Using an estimated price of £743,774 means this house is valued at £3,955 per sq meter (£367 per sq foot).
The average size of a house on PARSONAGE ROAD is 109 sq meters (1,183 sq feet).