£234,794
This estimated value is based upon the latest sale price for the house of £192,500 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £192,500 | 10 Jan 2020 |
| £170,000 | 17 Aug 2004 |
| Semi-Detached |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 January 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £192,500 results in an estimated price of approximately £234,794.
| 10 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £192,500 | £42,294 | £234,794 |
The Postcode Pricing Model uses changes in average sales price within the OL6 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 | 98.633 % | £189,869 | £382,369 |
| 3 Month Average | 17.436 % | £33,563 | £226,063 |
| 6 Month Average | 26.544 % | £51,097 | £243,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £279,445 | £277,000 | 69 OLD ROAD |
| 16 Jun 2023 | £278,372 | £275,000 | 116 OLD ROAD |
| 27 Mar 2023 | £279,635 | £277,000 | 79 OLD ROAD |
| 9 Jan 2023 | £204,039 | £205,000 | 82 OLD ROAD |
| 26 Aug 2022 | £258,305 | £259,000 | 2 LADYSMITH DRIVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Sep 2019. Using an estimated price of £234,795 means this house is valued at £2,608 per sq meter (£242 per sq foot).
The average size of a house on KINGSLEY CLOSE is 111 sq meters (1,204 sq feet).