£347,814
This estimated value is based upon the latest sale price for the house of £96,950 on 26 Jan 2001. 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 |
|---|---|
| £96,950 | 26 Jan 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 January 2001 the House Price Index for GREATER MANCHESTER was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £96,950 results in an estimated price of approximately £347,814.
| 26 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 149.7 | 258.756 % | £96,950 | £250,864 | £347,814 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 492.598 % | £477,573 | £574,523 |
| 3 Month Average | 309.578 % | £300,136 | £397,086 |
| 6 Month Average | 279.151 % | £270,636 | £367,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £347,902 | £340,000 | 10 SPINNEY ROAD |
| 10 Aug 2023 | £346,245 | £340,000 | 26 PARKWOOD ROAD |
| 14 Apr 2023 | £733,724 | £720,000 | 8 SAXFIELD DRIVE |
| 14 Nov 2022 | £342,399 | £344,000 | 1 SPINNEY ROAD |
| 3 Nov 2022 | £671,858 | £675,000 | 459 ALTRINCHAM ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Dec 2015. Using an estimated price of £347,814 means this house is valued at £4,459 per sq meter (£414 per sq foot).
The average size of a house on PARKWOOD ROAD is 105 sq meters (1,130 sq feet).