£225,120
This estimated value is based upon the latest sale price for the house of £217,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £217,000 | 29 Apr 2022 |
| £78,950 | 17 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 April 2022 the House Price Index for GREATER MANCHESTER was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £217,000 results in an estimated price of approximately £225,120.
| 29 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £217,000 | £8,120 | £225,120 |
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 | -18.828 % | £-40,856 | £176,143 |
| 3 Month Average | -6.251 % | £-13,565 | £203,434 |
| 6 Month Average | 10.591 % | £22,983 | £239,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £116,007 | £115,000 | 5 RUTH AVENUE |
| 31 Oct 2023 | £148,370 | £145,000 | 16 WHITECAR AVENUE |
| 24 Oct 2023 | £199,532 | £195,000 | 25 WHITECAR AVENUE |
| 20 Apr 2023 | £198,717 | £195,000 | 16 PARKHURST AVENUE |
| 24 Feb 2023 | £161,076 | £160,000 | 32 HAZELDENE ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 12 Nov 2021. Using an estimated price of £225,121 means this house is valued at £2,144 per sq meter (£199 per sq foot).
The average size of a house on PARKHURST AVENUE is 92 sq meters (999 sq feet).