£58,111
This estimated value is based upon the latest sale price for the house of £34,000 on 2 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£34,000 | 2 Mar 2012 |
£33,000 | 27 Jun 2008 |
£22,000 | 11 Dec 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 476 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 2012 the House Price Index for GREATER MANCHESTER was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £34,000 results in an estimated price of approximately £58,111.
2 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 148.6 | 70.916 % | £34,000 | £24,111 | £58,111 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 67.268 % | £22,871 | £56,871 |
3 Month Average | 117.421 % | £39,923 | £73,923 |
6 Month Average | 89.486 % | £30,425 | £64,425 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £191,871 | £192,000 | 20 HENGIST STREET |
25 Nov 2022 | £240,092 | £243,000 | 36 FAR LANE |
31 May 2022 | £157,977 | £155,000 | 16 KIRKMAN CLOSE |
26 May 2022 | £173,265 | £170,000 | 13 HINSTOCK CRESCENT |
28 Jan 2022 | £82,035 | £77,950 | 18 GARLICK STREET |
This house has a floor area of 44 sq meters or 476 sq feet when measured on 24 Aug 2009. Using an estimated price of £58,112 means this house is valued at £1,311 per sq meter (£121 per sq foot).
The average size of a house on KIRKMAN CLOSE is 66 sq meters (718 sq feet).