£290,353
This estimated value is based upon the latest sale price for the house of £152,850 on 17 Dec 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£152,850 | 17 Dec 2004 |
Semi-Detached |
Leasehold |
Floor Area: 69 sq meters or 742 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 December 2004 the House Price Index for GREATER MANCHESTER was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £152,850 results in an estimated price of approximately £290,353.
17 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.8 | 149.7 | 89.960 % | £152,850 | £137,503 | £290,353 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 45.781 % | £69,976 | £222,826 |
3 Month Average | 85.192 % | £130,215 | £283,065 |
6 Month Average | 80.289 % | £122,721 | £275,571 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £192,965 | £190,000 | 61 PARKEDGE CLOSE |
17 Feb 2023 | £151,009 | £150,000 | 14 LIGHTBURNE AVENUE |
19 Jan 2023 | £160,429 | £160,000 | 65 PARKEDGE CLOSE |
23 May 2022 | £171,467 | £167,000 | 37 LIGHTBURNE AVENUE |
16 Jun 2021 | £245,897 | £227,500 | 57 PARKEDGE CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Oct 2015. Using an estimated price of £290,353 means this house is valued at £4,208 per sq meter (£390 per sq foot).
The average size of a house on PARKEDGE CLOSE is 107 sq meters (1,161 sq feet).