£329,892
This estimated value is based upon the latest sale price for the house of £65,000 on 21 Aug 1997. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 21 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 August 1997 the House Price Index for GREATER MANCHESTER was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £65,000 results in an estimated price of approximately £329,892.
| 21 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £65,000 | £264,892 | £329,892 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 396.650 % | £257,822 | £322,822 |
| 3 Month Average | 444.547 % | £288,955 | £353,955 |
| 6 Month Average | 450.758 % | £292,992 | £357,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £228,511 | £225,000 | 19 LIGHTHORNE ROAD |
| 7 Mar 2024 | £248,823 | £245,000 | 3 CORLEY AVENUE |
| 1 Nov 2023 | £343,725 | £335,000 | 44 PARKWAY |
| 15 Aug 2023 | £305,510 | £300,000 | 3 COVENTRY AVENUE |
| 13 Feb 2023 | £322,152 | £320,000 | 50 PARKWAY |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 25 Mar 2013. Using an estimated price of £329,892 means this house is valued at £3,054 per sq meter (£283 per sq foot).
The average size of a house on PARKWAY is 93 sq meters (1,001 sq feet).