£233,397
This estimated value is based upon the latest sale price for the house of £215,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£215,000 | 30 Sep 2021 |
£139,250 | 29 Oct 2010 |
£79,950 | 15 Sep 2003 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £215,000 results in an estimated price of approximately £233,397.
30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £215,000 | £18,397 | £233,397 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 58.507 % | £125,789 | £340,789 |
3 Month Average | 32.825 % | £70,573 | £285,573 |
6 Month Average | 23.159 % | £49,792 | £264,792 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £782,359 | £762,500 | 102 PARKFIELD ROAD NORTH |
16 Oct 2023 | £163,718 | £160,000 | 72 PARKFIELD ROAD NORTH |
3 Apr 2023 | £204,831 | £201,000 | 95 PARKFIELD ROAD NORTH |
11 Nov 2022 | £323,487 | £325,000 | 6 MAPLE GROVE |
14 Sep 2022 | £175,883 | £176,000 | 42 KENWICK DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Jun 2021. Using an estimated price of £233,397 means this house is valued at £2,846 per sq meter (£264 per sq foot).
The average size of a house on PARKFIELD ROAD NORTH is 98 sq meters (1,061 sq feet).