£130,057
This estimated value is based upon the latest sale price for the house of £91,000 on 4 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £91,000 | 4 Sep 2015 |
| £85,000 | 3 Dec 2013 |
| Terraced |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 September 2015 the House Price Index for GREATER MANCHESTER was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £91,000 results in an estimated price of approximately £130,057.
| 4 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £91,000 | £39,057 | £130,057 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 0.143 % | £129 | £91,129 |
| 3 Month Average | 39.326 % | £35,786 | £126,786 |
| 6 Month Average | 45.804 % | £41,681 | £132,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £233,938 | £228,000 | 10 JOHNSTONE CLOSE |
| 29 Sep 2023 | £132,930 | £130,000 | 16 KENWOOD ROAD |
| 16 Aug 2023 | £250,518 | £246,000 | 56 FURTHERWOOD ROAD |
| 30 Jun 2023 | £150,006 | £147,000 | 135 BOUNDARY PARK ROAD |
| 23 Jun 2023 | £151,027 | £148,000 | 133 BOUNDARY PARK ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 Feb 2014. Using an estimated price of £130,058 means this house is valued at £2,000 per sq meter (£185 per sq foot).
The average size of a house on KENWOOD ROAD is 76 sq meters (826 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).