£225,610
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Jan 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 28 Jan 2005 |
| £28,250 | 8 Apr 1997 |
| £14,000 | 15 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 863 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 2005 the House Price Index for GREATER MANCHESTER was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £120,000 results in an estimated price of approximately £225,610.
| 28 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £120,000 | £105,610 | £225,610 |
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 | 185.735 % | £222,882 | £342,882 |
| 3 Month Average | 116.025 % | £139,230 | £259,230 |
| 6 Month Average | 135.018 % | £162,021 | £282,021 |
| 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 |
| 22 Feb 2023 | £239,839 | £240,000 | 22 DELAMERE ROAD |
| 19 Apr 2022 | £262,599 | £255,000 | 35 LANGDALE AVENUE |
| 18 Mar 2022 | £326,423 | £315,000 | 38 DELAMERE ROAD |
This house has a floor area of 80 sq meters or 863 sq feet when measured on 21 Mar 2012. Using an estimated price of £225,610 means this house is valued at £2,811 per sq meter (£261 per sq foot).
The average size of a house on LANGDALE AVENUE is 96 sq meters (1,042 sq feet).