£105,029
This estimated value is based upon the latest sale price for the house of £27,780 on 16 Jun 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£27,780 | 16 Jun 2000 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 881 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 2000 the House Price Index for GREATER MANCHESTER was 39.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 278.076%.Applying this 278.076% change to the original purchase price of £27,780 results in an estimated price of approximately £105,029.
16 Jun 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.6 | 149.7 | 278.076 % | £27,780 | £77,249 | £105,029 |
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 | 508.930 % | £141,380 | £169,160 |
3 Month Average | 526.752 % | £146,331 | £174,111 |
6 Month Average | 538.070 % | £149,475 | £177,255 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £307,672 | £305,000 | 11 NORTHFIELD ROAD |
17 Oct 2023 | £249,671 | £244,000 | 49 PARKFIELD ROAD NORTH |
28 Apr 2023 | £198,717 | £195,000 | 44 PARKFIELD ROAD NORTH |
6 Apr 2023 | £234,384 | £230,000 | 54 PARKFIELD ROAD NORTH |
23 Jan 2023 | £363,471 | £362,500 | 133A BELGRAVE ROAD |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 12 May 2010. Using an estimated price of £105,029 means this house is valued at £1,281 per sq meter (£119 per sq foot).
The average size of a house on NORTHFIELD ROAD is 100 sq meters (1,078 sq feet).