£205,963
This estimated value is based upon the latest sale price for the house of £205,000 on 15 Aug 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 |
---|---|
£205,000 | 15 Aug 2022 |
£154,000 | 23 Jul 2012 |
£94,250 | 30 Jun 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 610 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 August 2022 the House Price Index for GREATER MANCHESTER was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £205,000 results in an estimated price of approximately £205,963.
15 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 149.7 | 0.470 % | £205,000 | £963 | £205,963 |
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 | 3.781 % | £7,750 | £212,750 |
3 Month Average | -4.547 % | £-9,320 | £195,679 |
6 Month Average | 1.633 % | £3,346 | £208,346 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £208,287 | £203,000 | APARTMENT 8 360 PARRS WOOD ROAD |
6 Oct 2023 | £203,113 | £198,500 | APARTMENT 15 128 SCHOOL LANE |
22 Sep 2023 | £438,159 | £428,500 | 29 KINGSFIELD DRIVE |
2 Nov 2022 | £547,440 | £550,000 | 350 PARRS WOOD ROAD |
15 Aug 2022 | £205,963 | £205,000 | APARTMENT 4 360 PARRS WOOD ROAD |
This house has a floor area of 56 sq meters or 610 sq feet when measured on 23 Mar 2012. Using an estimated price of £205,963 means this house is valued at £3,633 per sq meter (£337 per sq foot).
The average size of a house on PARRS WOOD ROAD is 96 sq meters (1,040 sq feet).