£586,477
This estimated value is based upon the latest sale price for the house of £431,000 on 18 Mar 2016. 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 |
---|---|
£431,000 | 18 Mar 2016 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £431,000 results in an estimated price of approximately £586,477.
18 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £431,000 | £155,477 | £586,477 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 77.638 % | £334,621 | £765,621 |
3 Month Average | 53.366 % | £230,009 | £661,009 |
6 Month Average | 52.141 % | £224,726 | £655,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £183,431 | £180,000 | FLAT 18 CLOVERLEY, 108 BROOKLANDS ROAD |
29 Jul 2022 | £769,713 | £762,000 | 3 WESTWOOD DRIVE |
24 Jun 2022 | £175,757 | £172,000 | FLAT 56 CLOVERLEY, 108 BROOKLANDS ROAD |
24 Jun 2022 | £10,729 | £10,500 | 24 BOLLIN DRIVE |
27 May 2022 | £369,630 | £360,000 | 7 BOLLIN DRIVE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 12 Apr 2014. Using an estimated price of £586,477 means this house is valued at £4,928 per sq meter (£457 per sq foot).
The average size of a house on BROOKLANDS ROAD is 79 sq meters (856 sq feet).