£130,597
This estimated value is based upon the latest sale price for the house of £84,000 on 13 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £84,000 | 13 Oct 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 2007 the House Price Index for GREATER MANCHESTER was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £84,000 results in an estimated price of approximately £130,597.
| 13 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £84,000 | £46,597 | £130,597 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 10.812 % | £9,082 | £93,082 |
| 3 Month Average | 29.386 % | £24,684 | £108,684 |
| 6 Month Average | 32.269 % | £27,106 | £111,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £120,000 | £120,000 | 31 CARDIGAN ROAD |
| 22 Jun 2023 | £130,582 | £129,000 | 24 CARDIGAN ROAD |
| 21 Apr 2023 | £146,578 | £145,000 | 23 CARDIGAN ROAD |
| 4 Nov 2022 | £148,205 | £150,000 | 33 BARMOUTH WALK |
| 21 Oct 2022 | £168,189 | £170,000 | 6 WREXHAM CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 19 Jun 2017. Using an estimated price of £130,598 means this house is valued at £1,360 per sq meter (£126 per sq foot).
The average size of a house on PARKFIELD AVENUE is 88 sq meters (953 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).