£353,870
This estimated value is based upon the latest sale price for the house of £275,000 on 19 May 2017. 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 |
|---|---|
| £275,000 | 19 May 2017 |
| £81,000 | 23 Oct 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 108 sq meters or 1,164 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 May 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £275,000 results in an estimated price of approximately £353,870.
| 19 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £275,000 | £78,870 | £353,870 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 10.975 % | £30,181 | £305,181 |
| 3 Month Average | 4.649 % | £12,785 | £287,785 |
| 6 Month Average | 27.057 % | £74,406 | £349,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £753,593 | £747,000 | 2A ELM ROAD |
| 19 Apr 2023 | £459,952 | £455,000 | 36 BLACKBURN GARDENS |
| 2 Feb 2023 | £1,334,102 | £1,335,000 | 16 ELM ROAD |
| 24 Aug 2022 | £194,477 | £195,000 | APARTMENT 3 5 PARKFIELD ROAD SOUTH |
| 2 Aug 2022 | £613,349 | £615,000 | FLAT 1 THE ROSSETT, 123 PALATINE ROAD |
This house has a floor area of 108 sq meters or 1,164 sq feet when measured on 21 Apr 2009. Using an estimated price of £353,871 means this house is valued at £3,270 per sq meter (£303 per sq foot).
The average size of a house on PARKFIELD ROAD SOUTH is 132 sq meters (1,426 sq feet).