£156,218
This estimated value is based upon the latest sale price for the house of £84,000 on 16 Jun 2005. 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 |
---|---|
£84,000 | 16 Jun 2005 |
£21,000 | 12 Apr 2002 |
Terraced |
Leasehold |
Floor Area: 60 sq meters or 650 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 2005 the House Price Index for GREATER MANCHESTER was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £84,000 results in an estimated price of approximately £156,218.
16 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 149.7 | 85.975 % | £84,000 | £72,218 | £156,218 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 225.233 % | £189,195 | £273,195 |
3 Month Average | 128.745 % | £108,145 | £192,145 |
6 Month Average | 117.689 % | £98,858 | £182,858 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £153,486 | £150,000 | 3 PARKFIELD AVENUE |
8 Jun 2023 | £158,170 | £155,000 | 45 HEALD AVENUE |
23 Feb 2023 | £231,547 | £230,000 | 9 PARKFIELD AVENUE |
22 Jul 2022 | £171,721 | £170,000 | 43 PARKFIELD AVENUE |
27 May 2022 | £123,210 | £120,000 | 63 HEALD AVENUE |
This house has a floor area of 60 sq meters or 650 sq feet when measured on 9 Aug 2011. Using an estimated price of £156,219 means this house is valued at £2,586 per sq meter (£240 per sq foot).
The average size of a house on HEALD AVENUE is 60 sq meters (648 sq feet).