£71,306
This estimated value is based upon the latest sale price for the house of £19,000 on 16 Jun 2000. 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 |
|---|---|
| £19,000 | 16 Jun 2000 |
| Terraced |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £19,000 results in an estimated price of approximately £71,306.
| 16 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 148.6 | 275.298 % | £19,000 | £52,306 | £71,306 |
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 | 270.541 % | £51,402 | £70,402 |
| 3 Month Average | 275.713 % | £52,385 | £71,385 |
| 6 Month Average | 316.890 % | £60,209 | £79,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £182,456 | £180,000 | 7 PARKFIELD AVENUE |
| 8 Jun 2023 | £156,901 | £155,000 | 45 HEALD AVENUE |
| 23 Feb 2023 | £229,845 | £230,000 | 9 PARKFIELD AVENUE |
| 22 Jul 2022 | £170,459 | £170,000 | 43 PARKFIELD AVENUE |
| 27 May 2022 | £122,305 | £120,000 | 63 HEALD AVENUE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 6 Dec 2018. Using an estimated price of £71,307 means this house is valued at £1,485 per sq meter (£138 per sq foot).
The average size of a house on HEALD AVENUE is 60 sq meters (648 sq feet).