£183,852
This estimated value is based upon the latest sale price for the house of £115,250 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £115,250 | 28 Feb 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 February 2014 the House Price Index for GREATER MANCHESTER was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £115,250 results in an estimated price of approximately £183,852.
| 28 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £115,250 | £68,602 | £183,852 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 77.733 % | £89,586 | £204,836 |
| 3 Month Average | 42.340 % | £48,797 | £164,047 |
| 6 Month Average | 46.108 % | £53,139 | £168,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £457,643 | £450,000 | 2 PICKERING CLOSE |
| 24 Feb 2023 | £261,748 | £260,000 | 34 PICKERING CLOSE |
| 1 Jul 2022 | £202,024 | £200,000 | 6 HAWES CLOSE |
| 4 Feb 2022 | £232,421 | £220,000 | 11 KELD CLOSE |
| 6 Dec 2021 | £269,822 | £249,995 | 26 KELD CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 31 Jul 2012. Using an estimated price of £183,852 means this house is valued at £3,013 per sq meter (£280 per sq foot).
The average size of a house on KELD CLOSE is 80 sq meters (868 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).