£382,974
This estimated value is based upon the latest sale price for the house of £310,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £310,000 | 1 Oct 2019 |
| £96,750 | 20 May 1996 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 October 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £310,000 results in an estimated price of approximately £382,974.
| 1 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £310,000 | £72,974 | £382,974 |
The Postcode Pricing Model uses changes in average sales price within the SK16 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 | 6.272 % | £19,444 | £329,444 |
| 3 Month Average | 9.826 % | £30,459 | £340,459 |
| 6 Month Average | 22.220 % | £68,883 | £378,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £140,000 | £140,000 | 282 KING STREET |
| 19 Apr 2024 | £166,445 | £165,000 | 204 KING STREET |
| 29 Sep 2023 | £115,547 | £113,000 | 196 KING STREET |
| 29 Sep 2023 | £139,066 | £136,000 | 391 KING STREET |
| 2 Aug 2023 | £195,527 | £192,000 | 226 KING STREET |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 1 Mar 2016. Using an estimated price of £382,974 means this house is valued at £3,450 per sq meter (£320 per sq foot).
The average size of a house on KENTWELL CLOSE is 120 sq meters (1,300 sq feet).