£231,546
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Feb 2023. 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 |
|---|---|
| £230,000 | 23 Feb 2023 |
| £19,500 | 1 Jun 2000 |
| £18,000 | 7 Mar 1995 |
| Terraced |
| Leasehold |
| Floor Area: 101 sq meters or 1,087 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 February 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £230,000 results in an estimated price of approximately £231,546.
| 23 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £230,000 | £1,546 | £231,546 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | -20.682 % | £-47,567 | £182,432 |
| 3 Month Average | 2.754 % | £6,334 | £236,334 |
| 6 Month Average | 19.116 % | £43,966 | £273,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £153,486 | £150,000 | 3 PARKFIELD AVENUE |
| 23 Feb 2023 | £231,547 | £230,000 | 9 PARKFIELD AVENUE |
| 8 Feb 2023 | £181,210 | £180,000 | 1 FRODSHAM STREET |
| 20 Oct 2022 | £194,351 | £195,000 | 76 PARKFIELD STREET |
| 22 Jul 2022 | £171,721 | £170,000 | 43 PARKFIELD AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 1 Sep 2021. Using an estimated price of £231,547 means this house is valued at £2,292 per sq meter (£212 per sq foot).
The average size of a house on PARKFIELD AVENUE is 70 sq meters (760 sq feet).