£387,080
This estimated value is based upon the latest sale price for the house of £313,000 on 11 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £313,000 | 11 Apr 2019 |
| £173,000 | 16 Jul 2015 |
| £69,950 | 5 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 April 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £313,000 results in an estimated price of approximately £387,080.
| 11 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £313,000 | £74,080 | £387,080 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 45.902 % | £143,672 | £456,672 |
| 3 Month Average | 9.394 % | £29,402 | £342,402 |
| 6 Month Average | 23.150 % | £72,458 | £385,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £320,302 | £317,500 | 20 LANGDALE AVENUE |
| 27 Jul 2023 | £425,983 | £420,250 | 2 GLOUCESTER AVENUE |
| 28 Apr 2023 | £262,830 | £260,000 | 7 KERSH AVENUE |
| 16 Mar 2023 | £317,996 | £315,000 | 6 CRAYFIELD ROAD |
| 1 Jul 2022 | £225,607 | £225,000 | 8 SAMUEL STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 11 May 2015. Using an estimated price of £387,081 means this house is valued at £3,199 per sq meter (£297 per sq foot).
The average size of a house on GLOUCESTER AVENUE is 110 sq meters (1,194 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).