£147,406
This estimated value is based upon the latest sale price for the house of £100,000 on 19 Mar 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £100,000 | 19 Mar 2015 |
| £17,000 | 16 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 430 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 March 2015 the House Price Index for GREATER MANCHESTER was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £100,000 results in an estimated price of approximately £147,406.
| 19 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £100,000 | £47,406 | £147,406 |
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 | 160.857 % | £160,856 | £260,856 |
| 3 Month Average | 57.706 % | £57,705 | £157,705 |
| 6 Month Average | 72.266 % | £72,266 | £172,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £320,302 | £317,500 | 20 LANGDALE AVENUE |
| 2 Jun 2023 | £167,023 | £165,000 | 83 DELAMERE ROAD |
| 3 Feb 2023 | £184,876 | £185,000 | 4 WETHERALL STREET |
| 13 May 2022 | £152,881 | £150,000 | 44 WETHERALL STREET |
| 17 Sep 2021 | £161,639 | £150,000 | 36 WETHERALL STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 17 Dec 2013. Using an estimated price of £147,407 means this house is valued at £3,685 per sq meter (£342 per sq foot).
The average size of a house on GORDON AVENUE is 95 sq meters (1,022 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).