£112,956
This estimated value is based upon the latest sale price for the house of £68,000 on 29 Jul 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£68,000 | 29 Jul 2013 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 July 2013 the House Price Index for GREATER MANCHESTER was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £68,000 results in an estimated price of approximately £112,956.
29 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 148.6 | 66.112 % | £68,000 | £44,956 | £112,956 |
The Postcode Pricing Model uses changes in average sales price within the WN3 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 | 64.978 % | £44,185 | £112,185 |
3 Month Average | 37.953 % | £25,808 | £93,808 |
6 Month Average | 41.139 % | £27,974 | £95,974 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £98,763 | £97,500 | 33 BURNS CLOSE |
17 Feb 2023 | £161,891 | £162,000 | 22 SNOWDEN AVENUE |
22 Jul 2022 | £140,378 | £140,000 | 57 SNOWDEN AVENUE |
4 Feb 2022 | £125,843 | £120,000 | 286 POOLSTOCK LANE |
18 Nov 2021 | £124,915 | £115,500 | 34 SNOWDEN AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 May 2016. Using an estimated price of £112,956 means this house is valued at £1,792 per sq meter (£166 per sq foot).
The average size of a house on KIPLING AVENUE is 82 sq meters (891 sq feet).