£406,962
This estimated value is based upon the latest sale price for the house of £237,000 on 9 Feb 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £237,000 | 9 Feb 2011 |
| £68,000 | 8 Aug 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 140 sq meters or 1,509 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 2011 the House Price Index for GREATER MANCHESTER was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £237,000 results in an estimated price of approximately £406,962.
| 9 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £237,000 | £169,962 | £406,962 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 35.840 % | £84,940 | £321,940 |
| 3 Month Average | 24.425 % | £57,887 | £294,887 |
| 6 Month Average | 28.342 % | £67,170 | £304,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £427,479 | £420,000 | 58 KERMOOR AVENUE |
| 15 Dec 2023 | £468,192 | £460,000 | 66 EASTGROVE AVENUE |
| 8 Dec 2023 | £249,363 | £245,000 | 53 KERMOOR AVENUE |
| 8 Dec 2023 | £335,877 | £330,000 | 69 KERMOOR AVENUE |
| 12 Sep 2023 | £374,792 | £370,000 | 59 KERMOOR AVENUE |
This house has a floor area of 140 sq meters or 1,509 sq feet when measured on 12 Jul 2010. Using an estimated price of £406,963 means this house is valued at £2,902 per sq meter (£269 per sq foot).
The average size of a house on KERMOOR AVENUE is 115 sq meters (1,248 sq feet).