£188,765
This estimated value is based upon the latest sale price for the house of £180,000 on 8 Feb 2022. 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 | 8 Feb 2022 |
| £56,000 | 7 Oct 2010 |
| £38,000 | 27 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 February 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £180,000 results in an estimated price of approximately £188,765.
| 8 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £180,000 | £8,765 | £188,765 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 49.885 % | £89,793 | £269,793 |
| 3 Month Average | 31.156 % | £56,080 | £236,080 |
| 6 Month Average | 27.560 % | £49,607 | £229,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £208,651 | £205,000 | 120 NEWHEY ROAD |
| 22 Aug 2023 | £201,765 | £200,000 | 136 BROADOAK ROAD |
| 27 Apr 2023 | £166,796 | £165,000 | 51 NEARBROOK ROAD |
| 21 Apr 2023 | £222,395 | £220,000 | 47 NEARBROOK ROAD |
| 28 Mar 2023 | £206,950 | £205,000 | 18 WYNYARD ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 21 Oct 2021. Using an estimated price of £188,765 means this house is valued at £2,550 per sq meter (£236 per sq foot).
The average size of a house on BROADOAK ROAD is 75 sq meters (812 sq feet).