£212,610
This estimated value is based upon the latest sale price for the house of £150,000 on 5 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £150,000 | 5 Oct 2015 |
| £131,250 | 7 Jul 2006 |
| £56,500 | 9 Nov 2001 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 712 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 October 2015 the House Price Index for GREATER MANCHESTER was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £150,000 results in an estimated price of approximately £212,610.
| 5 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £150,000 | £62,610 | £212,610 |
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 | 106.026 % | £159,039 | £309,039 |
| 3 Month Average | 97.870 % | £146,805 | £296,805 |
| 6 Month Average | 97.171 % | £145,756 | £295,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £327,213 | £320,000 | 149 MOSTON LANE EAST |
| 20 Apr 2023 | £198,717 | £195,000 | 16 PARKHURST AVENUE |
| 24 Feb 2023 | £161,076 | £160,000 | 32 HAZELDENE ROAD |
| 9 Jan 2023 | £245,656 | £245,000 | 48 PARKHURST AVENUE |
| 6 Jan 2023 | £240,643 | £240,000 | 6 PARKHURST AVENUE |
This house has a floor area of 66 sq meters or 712 sq feet when measured on 3 Aug 2011. Using an estimated price of £212,610 means this house is valued at £3,210 per sq meter (£298 per sq foot).
The average size of a house on PARKHURST AVENUE is 92 sq meters (999 sq feet).