£766,382
This estimated value is based upon the latest sale price for the house of £750,000 on 7 Jun 2022. 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 |
|---|---|
| £750,000 | 7 Jun 2022 |
| £390,000 | 20 Jan 2004 |
| £200,000 | 17 Aug 1998 |
| £200,000 | 15 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 2022 the House Price Index for GREATER MANCHESTER was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £750,000 results in an estimated price of approximately £766,382.
| 7 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £750,000 | £16,382 | £766,382 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | -22.135 % | £-166,009 | £583,990 |
| 3 Month Average | -7.095 % | £-53,214 | £696,785 |
| 6 Month Average | -0.984 % | £-7,376 | £742,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £525,000 | £525,000 | 19 PARK ROAD |
| 27 Mar 2024 | £453,975 | £447,000 | 30 PARK ROAD |
| 4 Dec 2023 | £281,655 | £273,000 | 25 FELL PARK ROAD |
| 23 Jun 2022 | £495,594 | £485,000 | 53 PARK ROAD |
| 7 Jun 2022 | £766,382 | £750,000 | 25 PARK ROAD |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 23 Feb 2017. Using an estimated price of £766,382 means this house is valued at £4,673 per sq meter (£434 per sq foot).
The average size of a house on PARK ROAD is 190 sq meters (2,055 sq feet).