£211,578
This estimated value is based upon the latest sale price for the house of £169,500 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £169,500 | 13 Apr 2018 |
| £118,000 | 17 Nov 2017 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 April 2018 the House Price Index for GREATER MANCHESTER was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £169,500 results in an estimated price of approximately £211,578.
| 13 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £169,500 | £42,078 | £211,578 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 36.406 % | £61,708 | £231,208 |
| 3 Month Average | 37.557 % | £63,658 | £233,158 |
| 6 Month Average | 46.242 % | £78,380 | £247,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £161,522 | £160,000 | 137 BLENHEIM ROAD |
| 1 Feb 2023 | £169,886 | £170,000 | 59 STANWORTH AVENUE |
| 10 Jan 2023 | £248,828 | £250,000 | 5 FALKIRK DRIVE |
| 17 Jun 2022 | £73,032 | £72,000 | 65 STANWORTH AVENUE |
| 6 Jun 2022 | £225,182 | £222,000 | 24 GLENCOE DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 6 Jul 2017. Using an estimated price of £211,579 means this house is valued at £3,066 per sq meter (£284 per sq foot).
The average size of a house on LANGHOLM DRIVE is 115 sq meters (1,245 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).