£508,827
This estimated value is based upon the latest sale price for the house of £300,000 on 8 Jun 2012. 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 |
|---|---|
| £300,000 | 8 Jun 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,093 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 2012 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £300,000 results in an estimated price of approximately £508,827.
| 8 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £300,000 | £208,827 | £508,827 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 41.224 % | £123,671 | £423,671 |
| 3 Month Average | 64.780 % | £194,341 | £494,341 |
| 6 Month Average | 78.281 % | £234,842 | £534,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £273,683 | £270,000 | FLAT 5 16 PARK ROAD |
| 2 Feb 2022 | £104,869 | £100,000 | APARTMENT 2 21 - 25 ASHTON LANE |
| 10 Sep 2021 | £215,518 | £200,000 | FLAT 3 16 PARK ROAD |
| 30 Oct 2020 | £378,906 | £323,000 | 75 SOUTHERN ROAD |
| 30 Oct 2020 | £519,324 | £442,700 | 4 MERTON ROAD |
This house has a floor area of 101 sq meters or 1,093 sq feet when measured on 22 Feb 2012. Using an estimated price of £508,827 means this house is valued at £5,008 per sq meter (£465 per sq foot).
The average size of a house on PARK ROAD is 128 sq meters (1,381 sq feet).