£265,928
This estimated value is based upon the latest sale price for the house of £230,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £230,000 | 18 Dec 2020 |
| £137,000 | 11 Aug 2006 |
| £55,000 | 30 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £230,000 results in an estimated price of approximately £265,928.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £230,000 | £35,928 | £265,928 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | -7.073 % | £-16,268 | £213,731 |
| 3 Month Average | 20.785 % | £47,806 | £277,806 |
| 6 Month Average | 15.416 % | £35,456 | £265,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £215,000 | £215,000 | 27 FOVANT CRESCENT |
| 3 May 2024 | £150,000 | £150,000 | 80 FOVANT CRESCENT |
| 24 Oct 2023 | £220,508 | £215,500 | 68 LONGFORD ROAD WEST |
| 10 Oct 2023 | £312,088 | £305,000 | 38 LONGFORD ROAD WEST |
| 29 Sep 2023 | £206,553 | £202,000 | 12 FOVANT CRESCENT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 Jan 2014. Using an estimated price of £265,928 means this house is valued at £3,910 per sq meter (£363 per sq foot).
The average size of a house on LONGFORD ROAD WEST is 77 sq meters (837 sq feet).