£143,095
This estimated value is based upon the latest sale price for the house of £102,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £102,000 | 27 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £102,000 results in an estimated price of approximately £143,095.
| 27 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £102,000 | £41,095 | £143,095 |
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 | 110.289 % | £112,494 | £214,494 |
| 3 Month Average | 102.784 % | £104,839 | £206,839 |
| 6 Month Average | 100.961 % | £102,980 | £204,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £416,398 | £410,000 | 30A SCOTLAND HALL ROAD |
| 20 Dec 2023 | £196,023 | £190,000 | 183 BRISCOE LANE |
| 6 Oct 2023 | £203,625 | £199,000 | 3 MARGATE AVENUE |
| 26 Jan 2023 | £200,536 | £200,000 | 9 ASCOT ROAD |
| 9 Nov 2022 | £194,092 | £195,000 | 2 LEWISHAM AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 17 Apr 2015. Using an estimated price of £143,095 means this house is valued at £1,858 per sq meter (£172 per sq foot).
The average size of a house on KENNINGTON AVENUE is 97 sq meters (1,053 sq feet).