£261,526
This estimated value is based upon the latest sale price for the house of £166,000 on 3 Mar 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £166,000 | 3 Mar 2008 |
| £169,950 | 30 Jun 2004 |
| Terraced |
| Leasehold |
| Floor Area: 106 sq meters or 1,140 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 2008 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £166,000 results in an estimated price of approximately £261,526.
| 3 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £166,000 | £95,526 | £261,526 |
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 | -1.271 % | £-2,110 | £163,889 |
| 3 Month Average | 27.554 % | £45,740 | £211,740 |
| 6 Month Average | 33.519 % | £55,642 | £221,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £253,757 | £250,000 | 115 KINGSBURY CLOSE |
| 24 Aug 2023 | £358,133 | £355,000 | 50 KINGSBURY CLOSE |
| 7 Jul 2023 | £141,910 | £140,000 | 83 KINGSBURY CLOSE |
| 8 Jun 2023 | £225,734 | £223,000 | 25 KINGSBURY CLOSE |
| 20 Jan 2023 | £151,785 | £152,500 | 73 KINGSBURY CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 7 Feb 2013. Using an estimated price of £261,526 means this house is valued at £2,467 per sq meter (£229 per sq foot).
The average size of a house on KINGSBURY CLOSE is 112 sq meters (1,212 sq feet).