£252,252
This estimated value is based upon the latest sale price for the house of £205,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £205,000 | 14 Jun 2019 |
| £133,500 | 29 Apr 2016 |
| £129,000 | 14 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £205,000 results in an estimated price of approximately £252,252.
| 14 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £205,000 | £47,252 | £252,252 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -3.585 % | £-7,349 | £197,650 |
| 3 Month Average | 9.923 % | £20,341 | £225,341 |
| 6 Month Average | 12.597 % | £25,823 | £230,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £230,000 | £230,000 | 31 BRANKSOME ROAD |
| 5 Jun 2023 | £141,144 | £140,000 | 11 STANTON GARDENS |
| 21 Apr 2023 | £272,022 | £270,000 | 7 BRAMLEY CRESCENT |
| 5 Apr 2023 | £287,134 | £285,000 | 21 BRANKSOME ROAD |
| 19 Jan 2023 | £231,962 | £234,000 | 31 CRAIG CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Apr 2013. Using an estimated price of £252,252 means this house is valued at £3,552 per sq meter (£330 per sq foot).
The average size of a house on LANGHAM ROAD is 87 sq meters (941 sq feet).