£223,186
This estimated value is based upon the latest sale price for the house of £145,000 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£145,000 | 11 Jul 2014 |
£52,750 | 7 Jan 2000 |
£47,452 | 27 Feb 1998 |
£49,950 | 24 Feb 1995 |
Semi-Detached |
Leasehold |
Floor Area: 86 sq meters or 925 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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £145,000 results in an estimated price of approximately £223,186.
11 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £145,000 | £78,186 | £223,186 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 25.503 % | £36,978 | £181,978 |
3 Month Average | 65.359 % | £94,770 | £239,770 |
6 Month Average | 64.945 % | £94,170 | £239,170 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £244,043 | £238,500 | 5 CHILTON CLOSE |
2 Jun 2023 | £217,356 | £213,000 | 36 CHILTON CLOSE |
24 Aug 2022 | £291,362 | £290,000 | 6 BLEWBURY CLOSE |
23 Jun 2022 | £147,145 | £144,000 | 2 ORCHARD CLOSE |
29 Mar 2022 | £76,207 | £73,000 | 78 ORCHARD CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 15 Jan 2014. Using an estimated price of £223,186 means this house is valued at £2,595 per sq meter (£241 per sq foot).
The average size of a house on KENNET WAY is 97 sq meters (1,052 sq feet).