£223,153
This estimated value is based upon the latest sale price for the house of £164,950 on 4 May 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£164,950 | 4 May 2016 |
£61,500 | 17 Apr 1998 |
Semi-Detached |
Leasehold |
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 May 2016 the House Price Index for GREATER MANCHESTER was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £164,950 results in an estimated price of approximately £223,153.
4 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £164,950 | £58,203 | £223,153 |
The Postcode Pricing Model uses changes in average sales price within the OL15 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 | 76.811 % | £126,700 | £291,650 |
3 Month Average | 29.985 % | £49,459 | £214,409 |
6 Month Average | 39.130 % | £64,545 | £229,495 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jan 2023 | £350,938 | £350,000 | 10 FELLSIDE GARDENS |
20 Jan 2023 | £261,699 | £261,000 | 13 RIBBLE AVENUE |
29 Apr 2022 | £248,981 | £240,000 | 5 HODDER AVENUE |
17 Mar 2022 | £264,167 | £253,050 | 8 HODDER AVENUE |
4 Mar 2022 | £240,105 | £230,000 | 12 RIBBLE AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Nov 2019. Using an estimated price of £223,154 means this house is valued at £3,234 per sq meter (£300 per sq foot).
The average size of a house on KINDERS FOLD is 104 sq meters (1,120 sq feet).