£137,686
This estimated value is based upon the latest sale price for the house of £104,500 on 9 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£104,500 | 9 Nov 2016 |
£36,000 | 19 Jul 1996 |
Semi-Detached |
Freehold |
Floor Area: 60 sq meters or 645 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 November 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £104,500 results in an estimated price of approximately £137,686.
9 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £104,500 | £33,186 | £137,686 |
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 | 242.547 % | £253,461 | £357,961 |
3 Month Average | 92.839 % | £97,016 | £201,516 |
6 Month Average | 62.171 % | £64,968 | £169,468 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £773,958 | £762,500 | 102 PARKFIELD ROAD NORTH |
31 Jul 2023 | £169,278 | £167,000 | 131 PARKFIELD ROAD NORTH |
3 Apr 2023 | £203,188 | £201,000 | 95 PARKFIELD ROAD NORTH |
11 Nov 2022 | £321,110 | £325,000 | 6 MAPLE GROVE |
14 Sep 2022 | £174,590 | £176,000 | 42 KENWICK DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 4 Aug 2016. Using an estimated price of £137,687 means this house is valued at £2,294 per sq meter (£213 per sq foot).
The average size of a house on PARKFIELD ROAD NORTH is 98 sq meters (1,061 sq feet).