£181,585
This estimated value is based upon the latest sale price for the house of £40,000 on 8 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £40,000 | 8 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 January 1999 the House Price Index for GREATER MANCHESTER was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £40,000 results in an estimated price of approximately £181,585.
| 8 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 148.6 | 353.964 % | £40,000 | £141,585 | £181,585 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 482.944 % | £193,177 | £233,177 |
| 3 Month Average | 510.734 % | £204,293 | £244,293 |
| 6 Month Average | 507.523 % | £203,009 | £243,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £60,033 | £59,225 | 26 LONGFORD PLACE |
| 5 Apr 2023 | £283,048 | £280,000 | 12 ASH GROVE |
| 23 Feb 2023 | £94,936 | £95,000 | 1A GRETON CLOSE |
| 27 Sep 2022 | £292,637 | £295,000 | 8 AYTON GROVE |
| 20 Sep 2022 | £71,919 | £72,500 | VICTORIA PARK PROBATION CENTRE LAINDON ROAD |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 19 Jan 2016. Using an estimated price of £181,586 means this house is valued at £1,179 per sq meter (£109 per sq foot).
The average size of a house on LONGFORD PLACE is 96 sq meters (1,033 sq feet).