£149,023
This estimated value is based upon the latest sale price for the house of £95,000 on 23 Apr 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £95,000 | 23 Apr 2014 |
| Terraced |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £95,000 results in an estimated price of approximately £149,023.
| 23 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £95,000 | £54,023 | £149,023 |
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 | 38.486 % | £36,561 | £131,561 |
| 3 Month Average | 72.799 % | £69,158 | £164,158 |
| 6 Month Average | 52.407 % | £49,786 | £144,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £61,534 | £61,000 | FLAT 1 17 - 19 RECREATION STREET |
| 4 Dec 2023 | £201,182 | £195,000 | 61 LONGSIGHT |
| 12 Oct 2023 | £222,043 | £217,000 | 48 TOTTINGTON ROAD |
| 25 Aug 2023 | £173,122 | £170,000 | 21 LAWN COURT LONGSIGHT LANE |
| 9 Jun 2023 | £147,965 | £145,000 | 12 TOTTINGTON ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 4 Jun 2013. Using an estimated price of £149,023 means this house is valued at £1,910 per sq meter (£177 per sq foot).
The average size of a house on LONGSIGHT is 97 sq meters (1,050 sq feet).