£264,769
This estimated value is based upon the latest sale price for the house of £56,750 on 5 Oct 1998. 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 |
---|---|
£56,750 | 5 Oct 1998 |
£44,500 | 8 May 1996 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 1998 the House Price Index for GREATER MANCHESTER was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £56,750 results in an estimated price of approximately £264,769.
5 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.555 % | £56,750 | £208,019 | £264,769 |
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 | 422.938 % | £240,017 | £296,767 |
3 Month Average | 380.852 % | £216,133 | £272,883 |
6 Month Average | 361.055 % | £204,898 | £261,648 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Oct 2023 | £370,924 | £362,500 | 28 YORK ROAD |
31 Mar 2023 | £2,712,804 | £2,667,500 | 16 - 18 CROSS STREET |
2 Mar 2023 | £267,975 | £263,500 | 8 HOWELLS AVENUE |
9 Feb 2023 | £191,278 | £190,000 | 31 CROSS STREET |
6 Jan 2023 | £215,576 | £215,000 | APARTMENT 12 THE CHAMBERS, 32 YORK ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 4 Mar 2019. Using an estimated price of £264,770 means this house is valued at £4,565 per sq meter (£424 per sq foot).
The average size of a house on BRIGHTON GROVE is 70 sq meters (762 sq feet).