£172,884
This estimated value is based upon the latest sale price for the house of £132,000 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£132,000 | 24 Feb 2017 |
£60,000 | 22 Jul 2004 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 2017 the House Price Index for GREATER MANCHESTER was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £132,000 results in an estimated price of approximately £172,884.
24 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £132,000 | £40,884 | £172,884 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 34.962 % | £46,150 | £178,150 |
3 Month Average | 67.474 % | £89,065 | £221,065 |
6 Month Average | 52.328 % | £69,072 | £201,072 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £167,012 | £164,000 | 29 BRINDALE ROAD |
2 Jun 2023 | £244,908 | £240,000 | 2 THE DRIVE |
10 Feb 2023 | £219,466 | £218,000 | 21 MAYORLOWE AVENUE |
6 Jan 2023 | £183,490 | £183,000 | 27 MAYORLOWE AVENUE |
28 Mar 2022 | £167,029 | £160,000 | 336 BRINNINGTON ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Jul 2017. Using an estimated price of £172,885 means this house is valued at £2,161 per sq meter (£200 per sq foot).
The average size of a house on KINMEL AVENUE is 94 sq meters (1,016 sq feet).