£94,983
This estimated value is based upon the latest sale price for the house of £75,000 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £75,000 | 1 Dec 2017 |
| £17,000 | 11 Nov 2002 |
| £26,995 | 17 Aug 2001 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £75,000 results in an estimated price of approximately £94,983.
| 1 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £75,000 | £19,983 | £94,983 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 29.385 % | £22,039 | £97,039 |
| 3 Month Average | 57.038 % | £42,778 | £117,778 |
| 6 Month Average | 44.290 % | £33,217 | £108,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £152,176 | £147,500 | 29 HARPER STREET |
| 14 Nov 2023 | £129,282 | £126,000 | 10 HARPER STREET |
| 20 Oct 2023 | £112,556 | £110,000 | 1 KENNEDY STREET |
| 12 Jun 2023 | £148,067 | £145,100 | 45 UPLAND ROAD |
| 13 Jan 2023 | £122,828 | £122,500 | 16 HARPER STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 18 Apr 2016. Using an estimated price of £94,983 means this house is valued at £1,356 per sq meter (£126 per sq foot).
The average size of a house on KENNEDY STREET is 83 sq meters (897 sq feet).