£79,868
This estimated value is based upon the latest sale price for the house of £55,000 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £55,000 | 5 Jun 2015 |
| £45,509 | 1 Apr 2010 |
| £16,000 | 9 Feb 2001 |
| Terraced |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £55,000 results in an estimated price of approximately £79,868.
| 5 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £55,000 | £24,868 | £79,868 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 29.219 % | £16,070 | £71,070 |
| 3 Month Average | 55.345 % | £30,439 | £85,439 |
| 6 Month Average | 57.015 % | £31,358 | £86,358 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2023 | £60,571 | £60,000 | 24 LONGFIELD ROAD |
| 24 Mar 2023 | £131,236 | £130,000 | 3 LONGFELLOW AVENUE |
| 9 Nov 2022 | £118,564 | £120,000 | 7 LONGFELLOW AVENUE |
| 21 Jul 2022 | £91,246 | £91,000 | 55 LONGFIELD ROAD |
| 5 Jul 2022 | £86,232 | £86,000 | 59 LONGFIELD ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 23 Jun 2014. Using an estimated price of £79,868 means this house is valued at £887 per sq meter (£82 per sq foot).
The average size of a house on LONGFIELD ROAD is 70 sq meters (755 sq feet).