£166,112
This estimated value is based upon the latest sale price for the house of £100,000 on 19 Jul 2013. 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 Jul 2013 |
| £99,950 | 12 Mar 2008 |
| Terraced |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 2013 the House Price Index for GREATER MANCHESTER was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £100,000 results in an estimated price of approximately £166,112.
| 19 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £100,000 | £66,112 | £166,112 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 37.301 % | £37,300 | £137,300 |
| 3 Month Average | 53.864 % | £53,863 | £153,863 |
| 6 Month Average | 54.225 % | £54,225 | £154,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £202,729 | £200,000 | 99 BURLINGTON AVENUE |
| 19 Apr 2023 | £181,959 | £180,000 | 82 LANGHAM ROAD |
| 17 Feb 2023 | £184,876 | £185,000 | 124 GAINSBOROUGH AVENUE |
| 25 Nov 2022 | £153,145 | £155,000 | 127 GAINSBOROUGH AVENUE |
| 23 Nov 2022 | £936 | £947 | 24 NEW ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 Oct 2013. Using an estimated price of £166,112 means this house is valued at £1,825 per sq meter (£169 per sq foot).
The average size of a house on LANGHAM ROAD is 100 sq meters (1,081 sq feet).