£191,055
This estimated value is based upon the latest sale price for the house of £178,327 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £178,327 | 17 Dec 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £178,327 results in an estimated price of approximately £191,055.
| 17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £178,327 | £12,728 | £191,055 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 7.897 % | £14,081 | £192,408 |
| 3 Month Average | 11.035 % | £19,678 | £198,005 |
| 6 Month Average | 6.982 % | £12,451 | £190,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £132,315 | £130,000 | 273 ABBEY HEY LANE |
| 8 Sep 2023 | £126,619 | £125,000 | 333 ABBEY HEY LANE |
| 3 Aug 2023 | £156,368 | £155,000 | 282 ABBEY HEY LANE |
| 10 Mar 2023 | £136,284 | £135,000 | 297 ABBEY HEY LANE |
| 27 Jul 2022 | £244,157 | £243,500 | 12 FORSHAW AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Jul 2021. Using an estimated price of £191,055 means this house is valued at £2,358 per sq meter (£219 per sq foot).
The average size of a house on PARKSTONE AVENUE is 105 sq meters (1,134 sq feet).