£118,917
This estimated value is based upon the latest sale price for the house of £81,000 on 31 Mar 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £81,000 | 31 Mar 2015 |
| £66,000 | 27 Aug 2003 |
| £38,000 | 28 Aug 2001 |
| £36,500 | 31 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 March 2015 the House Price Index for GREATER MANCHESTER was 100.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 46.812%.Applying this 46.812% change to the original purchase price of £81,000 results in an estimated price of approximately £118,917.
| 31 Mar 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.0 | 46.812 % | £81,000 | £37,917 | £118,917 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 101.954 % | £82,582 | £163,582 |
| 3 Month Average | 66.180 % | £53,605 | £134,605 |
| 6 Month Average | 39.170 % | £31,727 | £112,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £169,604 | £168,000 | 67 BORROWDALE DRIVE |
| 12 Jun 2023 | £212,725 | £211,000 | 28 LYNTON AVENUE |
| 6 Apr 2023 | £120,899 | £120,000 | 7 YEW DALE GARDENS |
| 21 Mar 2023 | £65,353 | £65,000 | 17 AJAX STREET |
| 3 Mar 2023 | £60,326 | £60,000 | 24 LYNTON AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 17 Jul 2014. Using an estimated price of £118,917 means this house is valued at £1,723 per sq meter (£160 per sq foot).
The average size of a house on KINGSLAND ROAD is 84 sq meters (904 sq feet).