£242,002
This estimated value is based upon the latest sale price for the house of £235,000 on 13 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £235,000 | 13 Apr 2022 |
| £160,000 | 23 May 2018 |
| £47,500 | 9 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 865 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 April 2022 the House Price Index for GREATER MANCHESTER was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £235,000 results in an estimated price of approximately £242,002.
| 13 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £235,000 | £7,002 | £242,002 |
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 | 101.641 % | £238,857 | £473,857 |
| 3 Month Average | 1.334 % | £3,134 | £238,134 |
| 6 Month Average | 0.850 % | £1,997 | £236,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £162,404 | £160,000 | 41 PARKLEIGH DRIVE |
| 31 Jul 2023 | £169,278 | £167,000 | 131 PARKFIELD ROAD NORTH |
| 18 Apr 2023 | £209,253 | £207,000 | 20 SCHOLES DRIVE |
| 3 Apr 2023 | £203,188 | £201,000 | 95 PARKFIELD ROAD NORTH |
| 14 Sep 2022 | £174,590 | £176,000 | 42 KENWICK DRIVE |
This house has a floor area of 80 sq meters or 865 sq feet when measured on 19 Mar 2012. Using an estimated price of £242,003 means this house is valued at £3,009 per sq meter (£279 per sq foot).
The average size of a house on KENWICK DRIVE is 87 sq meters (943 sq feet).