£184,183
This estimated value is based upon the latest sale price for the house of £180,000 on 2 Oct 2023. 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 |
---|---|
£180,000 | 2 Oct 2023 |
£93,000 | 21 Aug 2015 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 October 2023 the House Price Index for GREATER MANCHESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £180,000 results in an estimated price of approximately £184,183.
2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £180,000 | £4,183 | £184,183 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | -4.437 % | £-7,986 | £172,013 |
3 Month Average | 10.709 % | £19,276 | £199,276 |
6 Month Average | -16.886 % | £-30,395 | £149,604 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £73,639 | £73,000 | 24 ELLEN WILKINSON CRESCENT |
2 Apr 2024 | £135,174 | £134,000 | 27 HOSKINS CLOSE |
2 Oct 2023 | £184,183 | £180,000 | 10 BRACEWELL CLOSE |
1 Sep 2023 | £165,652 | £162,000 | 12 LOCKHART CLOSE |
14 Aug 2023 | £102,855 | £101,000 | 9 HOSKINS CLOSE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 10 Mar 2016. Using an estimated price of £184,183 means this house is valued at £3,069 per sq meter (£285 per sq foot).
The average size of a house on BRACEWELL CLOSE is 61 sq meters (663 sq feet).