£273,537
This estimated value is based upon the latest sale price for the house of £172,400 on 7 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£172,400 | 7 Jun 2007 |
£130,000 | 8 Apr 2004 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 785 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 June 2007 the House Price Index for GREATER MANCHESTER was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £172,400 results in an estimated price of approximately £273,537.
7 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £172,400 | £101,137 | £273,537 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 5.907 % | £10,183 | £182,583 |
3 Month Average | 31.248 % | £53,871 | £226,271 |
6 Month Average | 48.663 % | £83,894 | £256,294 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £252,416 | £248,000 | 13 BROOKSIDE CLOSE |
13 Nov 2023 | £268,982 | £265,000 | 29 NEW HEYS WAY |
28 Jul 2023 | £476,412 | £470,000 | 262 BRADSHAW MEADOWS |
1 Jun 2023 | £253,065 | £250,000 | 7 BROOKSIDE CLOSE |
31 Oct 2022 | £331,431 | £335,000 | 25 NEW HEYS WAY |
This house has a floor area of 72 sq meters or 785 sq feet when measured on 19 Dec 2008. Using an estimated price of £273,538 means this house is valued at £3,750 per sq meter (£348 per sq foot).
The average size of a house on BRADSHAW MEADOWS is 106 sq meters (1,150 sq feet).