£49,660
This estimated value is based upon the latest sale price for the house of £30,000 on 15 Dec 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £30,000 | 15 Dec 2006 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 2006 the House Price Index for GREATER MANCHESTER was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £30,000 results in an estimated price of approximately £49,660.
| 15 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £30,000 | £19,660 | £49,660 |
The Postcode Pricing Model uses changes in average sales price within the OL4 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 | 72.612 % | £21,783 | £51,783 |
| 3 Month Average | 64.751 % | £19,425 | £49,425 |
| 6 Month Average | 28.946 % | £8,683 | £38,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2022 | £91,393 | £92,500 | 132 KELVERLOW STREET |
| 19 Aug 2022 | £114,691 | £115,000 | 148 KELVERLOW STREET |
| 16 May 2022 | £152,880 | £149,999 | 3 BREWERTON ROAD |
| 17 Mar 2022 | £124,351 | £120,000 | 89 ERIC STREET |
| 23 Sep 2021 | £140,087 | £130,000 | 70 ERIC STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 Dec 2015. Using an estimated price of £49,661 means this house is valued at £591 per sq meter (£54 per sq foot).
The average size of a house on KELVERLOW STREET is 85 sq meters (920 sq feet).