£148,571
This estimated value is based upon the latest sale price for the house of £94,000 on 9 Aug 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £94,000 | 9 Aug 2007 |
| £24,500 | 12 May 2000 |
| Terraced |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 2007 the House Price Index for GREATER MANCHESTER was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £94,000 results in an estimated price of approximately £148,571.
| 9 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £94,000 | £54,571 | £148,571 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 28.307 % | £26,608 | £120,608 |
| 3 Month Average | 31.902 % | £29,988 | £123,988 |
| 6 Month Average | 36.206 % | £34,033 | £128,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £128,963 | £125,000 | 13 BLACKWOOD STREET |
| 12 Dec 2023 | £84,600 | £82,000 | 20 RICHELIEU STREET |
| 20 Nov 2023 | £87,214 | £85,000 | 15 RICHELIEU STREET |
| 17 Oct 2023 | £127,905 | £125,000 | 3 PARKFIELD ROAD |
| 6 Oct 2023 | £136,091 | £133,000 | 56 MELVILLE STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 3 Mar 2016. Using an estimated price of £148,571 means this house is valued at £1,597 per sq meter (£148 per sq foot).
The average size of a house on PARKFIELD ROAD is 88 sq meters (953 sq feet).