£439,408
This estimated value is based upon the latest sale price for the house of £385,000 on 28 Jan 2021. 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 |
|---|---|
| £385,000 | 28 Jan 2021 |
| £20,300 | 6 Jul 1995 |
| Terraced |
| 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 January 2021 the House Price Index for GREATER MANCHESTER was 130.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.132%.Applying this 14.132% change to the original purchase price of £385,000 results in an estimated price of approximately £439,408.
| 28 Jan 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 148.6 | 14.132 % | £385,000 | £54,408 | £439,408 |
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 | -43.683 % | £-168,181 | £216,818 |
| 3 Month Average | 3.260 % | £12,550 | £397,550 |
| 6 Month Average | 15.668 % | £60,322 | £445,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £182,456 | £180,000 | 7 PARKFIELD AVENUE |
| 8 Jun 2023 | £156,901 | £155,000 | 45 HEALD AVENUE |
| 23 Feb 2023 | £229,845 | £230,000 | 9 PARKFIELD AVENUE |
| 8 Feb 2023 | £179,879 | £180,000 | 1 FRODSHAM STREET |
| 20 Oct 2022 | £192,923 | £195,000 | 76 PARKFIELD STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 1 Dec 2017. Using an estimated price of £439,409 means this house is valued at £6,368 per sq meter (£591 per sq foot).
The average size of a house on PARKFIELD AVENUE is 70 sq meters (760 sq feet).