£164,881
This estimated value is based upon the latest sale price for the house of £70,450 on 18 Jul 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£70,450 | 18 Jul 2003 |
Semi-Detached |
Leasehold |
Floor Area: 61 sq meters or 659 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 July 2003 the House Price Index for GREATER MANCHESTER was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £70,450 results in an estimated price of approximately £164,881.
18 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.0 | 149.7 | 134.040 % | £70,450 | £94,431 | £164,881 |
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 | 200.666 % | £141,369 | £211,819 |
3 Month Average | 205.572 % | £144,825 | £215,275 |
6 Month Average | 211.379 % | £148,916 | £219,366 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £208,800 | £203,500 | 6 TENNYSON ROAD |
8 Sep 2023 | £224,959 | £220,000 | 4 TENNYSON ROAD |
4 Apr 2023 | £163,050 | £160,000 | 116 LONGFORD ROAD WEST |
8 Feb 2023 | £201,345 | £200,000 | 129 LONGFORD ROAD WEST |
21 Dec 2021 | £180,244 | £167,000 | 15 SHELLEY ROAD |
This house has a floor area of 61 sq meters or 659 sq feet when measured on 6 Sep 2010. Using an estimated price of £164,881 means this house is valued at £2,690 per sq meter (£249 per sq foot).
The average size of a house on LONGFORD ROAD WEST is 77 sq meters (837 sq feet).