£234,884
This estimated value is based upon the latest sale price for the house of £225,000 on 11 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£225,000 | 11 Mar 2022 |
£136,995 | 28 Jun 2012 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,184 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 March 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £225,000 results in an estimated price of approximately £234,884.
11 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £225,000 | £9,884 | £234,884 |
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 | -22.051 % | £-49,615 | £175,384 |
3 Month Average | 14.135 % | £31,803 | £256,803 |
6 Month Average | 16.511 % | £37,149 | £262,149 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £123,804 | £120,000 | 57 KENYON LANE |
7 Jul 2022 | £233,338 | £231,000 | 95 KENYON LANE |
28 Apr 2022 | £119,304 | £115,000 | 51 EBSWORTH STREET |
11 Mar 2022 | £234,885 | £225,000 | 69 KENYON LANE |
25 Jan 2022 | £121,923 | £115,000 | 50 HINDE STREET |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 11 Oct 2021. Using an estimated price of £234,885 means this house is valued at £2,135 per sq meter (£198 per sq foot).
The average size of a house on KENYON LANE is 83 sq meters (902 sq feet).