£56,878
This estimated value is based upon the latest sale price for the house of £36,300 on 14 Feb 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £36,300 | 14 Feb 2008 |
| £58,000 | 3 Feb 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 153 sq meters or 1,646 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 February 2008 the House Price Index for GREATER MANCHESTER was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £36,300 results in an estimated price of approximately £56,878.
| 14 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.6 | 56.689 % | £36,300 | £20,578 | £56,878 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 5.824 % | £2,114 | £38,414 |
| 3 Month Average | 17.486 % | £6,347 | £42,647 |
| 6 Month Average | 18.684 % | £6,782 | £43,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £456,762 | £450,000 | 27 KENSINGTON ROAD |
| 11 Jul 2022 | £350,945 | £350,000 | 48 NEWPORT STREET |
| 13 Jun 2022 | £304,300 | £300,000 | 190 FREDERICK STREET |
| 1 Jun 2022 | £552,812 | £545,000 | 32 KENSINGTON ROAD |
| 14 Apr 2022 | £159,619 | £155,000 | 3 THE STABLES FREDERICK STREET |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 14 Aug 2014. Using an estimated price of £56,878 means this house is valued at £371 per sq meter (£34 per sq foot).
The average size of a house on KENSINGTON ROAD is 195 sq meters (2,106 sq feet).