£217,745
This estimated value is based upon the latest sale price for the house of £157,500 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£157,500 | 29 Jan 2016 |
£57,000 | 12 Feb 1999 |
Semi-Detached |
Leasehold |
Floor Area: 65 sq meters or 699 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 2016 the House Price Index for GREATER MANCHESTER was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £157,500 results in an estimated price of approximately £217,745.
29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £157,500 | £60,245 | £217,745 |
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 | 63.661 % | £100,265 | £257,765 |
3 Month Average | 33.053 % | £52,058 | £209,558 |
6 Month Average | 34.919 % | £54,997 | £212,497 |
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 65 sq meters or 699 sq feet when measured on 31 Jul 2015. Using an estimated price of £217,746 means this house is valued at £3,349 per sq meter (£311 per sq foot).
The average size of a house on KELD CLOSE is 80 sq meters (868 sq feet).