£110,167
This estimated value is based upon the latest sale price for the house of £64,950 on 7 May 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £64,950 | 7 May 2010 |
| Terraced |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2010 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £64,950 results in an estimated price of approximately £110,167.
| 7 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £64,950 | £45,217 | £110,167 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 51.178 % | £33,240 | £98,190 |
| 3 Month Average | 88.097 % | £57,219 | £122,169 |
| 6 Month Average | 103.465 % | £67,200 | £132,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £157,329 | £155,000 | 35 CHISHOLM STREET |
| 14 Sep 2023 | £131,684 | £130,000 | 36 TINNINGHAM CLOSE |
| 16 Jun 2023 | £135,137 | £133,500 | 12 LEES STREET |
| 17 Mar 2023 | £171,617 | £170,000 | 14 LEES STREET |
| 10 Feb 2023 | £221,851 | £222,000 | 15 BRINKLOW CLOSE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 17 Mar 2009. Using an estimated price of £110,167 means this house is valued at £2,247 per sq meter (£208 per sq foot).
The average size of a house on KELMARSH CLOSE is 63 sq meters (682 sq feet).