£429,011
This estimated value is based upon the latest sale price for the house of £328,500 on 19 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £328,500 | 19 Dec 2016 |
| £188,000 | 2 Sep 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,198 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 2016 the House Price Index for GREATER MANCHESTER was 113.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.597%.Applying this 30.597% change to the original purchase price of £328,500 results in an estimated price of approximately £429,011.
| 19 Dec 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.0 | 30.597 % | £328,500 | £100,511 | £429,011 |
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 | -26.303 % | £-86,404 | £242,095 |
| 3 Month Average | 16.957 % | £55,702 | £384,202 |
| 6 Month Average | 25.824 % | £84,833 | £413,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £382,325 | £380,000 | 416 WELLINGTON ROAD NORTH |
| 21 Jul 2023 | £373,533 | £370,000 | 50 LANGDALE ROAD |
| 28 Apr 2023 | £277,059 | £275,000 | 424 WELLINGTON ROAD NORTH |
| 27 Apr 2023 | £453,370 | £450,000 | 1 LANGDALE ROAD |
| 27 Mar 2023 | £487,636 | £485,000 | 24 LANGDALE ROAD |
This house has a floor area of 111 sq meters or 1,198 sq feet when measured on 6 Jul 2009. Using an estimated price of £429,012 means this house is valued at £3,854 per sq meter (£358 per sq foot).
The average size of a house on LANGDALE ROAD is 115 sq meters (1,241 sq feet).