£310,262
This estimated value is based upon the latest sale price for the house of £175,000 on 28 Oct 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £175,000 | 28 Oct 2009 |
| Semi-Detached |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 October 2009 the House Price Index for GREATER MANCHESTER was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £175,000 results in an estimated price of approximately £310,262.
| 28 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 149.7 | 77.293 % | £175,000 | £135,262 | £310,262 |
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 | 45.488 % | £79,604 | £254,604 |
| 3 Month Average | 87.394 % | £152,938 | £327,938 |
| 6 Month Average | 66.887 % | £117,052 | £292,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £239,871 | £232,500 | 54 LONGSIGHT LANE |
| 1 Dec 2023 | £359,032 | £348,000 | 15 LYNWOOD GROVE |
| 25 Aug 2023 | £173,122 | £170,000 | 21 LAWN COURT LONGSIGHT LANE |
| 11 Apr 2023 | £171,202 | £168,000 | 25 LAWN COURT LONGSIGHT LANE |
| 24 Mar 2023 | £294,925 | £290,000 | 4 LYNWOOD GROVE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 10 Mar 2020. Using an estimated price of £310,263 means this house is valued at £3,372 per sq meter (£313 per sq foot).
There is one other house on the street which we know the size of, this is 3 ASHFORD CLOSE it is 100.0