£475,223
This estimated value is based upon the latest sale price for the house of £275,000 on 14 Jan 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 |
|---|---|
| £275,000 | 14 Jan 2011 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,501 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 2011 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £275,000 results in an estimated price of approximately £475,223.
| 14 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £275,000 | £200,223 | £475,223 |
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 | 49.890 % | £137,197 | £412,197 |
| 3 Month Average | 58.752 % | £161,567 | £436,567 |
| 6 Month Average | 57.435 % | £157,945 | £432,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £809,602 | £795,000 | 450 PARRS WOOD ROAD |
| 17 Aug 2023 | £325,878 | £320,000 | 5 OAKDALE DRIVE |
| 3 Feb 2023 | £342,286 | £340,000 | 832 KINGSWAY |
| 5 Sep 2022 | £795,968 | £796,500 | 461 PARRS WOOD ROAD |
| 12 Aug 2022 | £497,325 | £495,000 | 448 PARRS WOOD ROAD |
This house has a floor area of 139 sq meters or 1,501 sq feet when measured on 26 Mar 2010. Using an estimated price of £475,223 means this house is valued at £3,407 per sq meter (£316 per sq foot).
The average size of a house on GAWSWORTH AVENUE is 127 sq meters (1,375 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,501 sq feet).