£187,800
This estimated value is based upon the latest sale price for the house of £140,000 on 25 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £140,000 | 25 Jul 2016 |
| £59,950 | 20 Apr 2000 |
| £59,950 | 26 May 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 105 sq meters or 1,130 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 July 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £140,000 results in an estimated price of approximately £187,800.
| 25 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £140,000 | £47,800 | £187,800 |
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 | 30.332 % | £42,464 | £182,464 |
| 3 Month Average | 58.042 % | £81,259 | £221,259 |
| 6 Month Average | 54.720 % | £76,607 | £216,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £254,000 | £254,000 | 116 BROMWICH STREET |
| 3 Feb 2023 | £156,042 | £155,000 | 8 BRAMCOTE AVENUE |
| 4 Nov 2022 | £203,051 | £204,000 | 115 BROMWICH STREET |
| 26 Aug 2022 | £138,648 | £138,000 | 130 BROMWICH STREET |
| 11 Aug 2022 | £201,442 | £200,500 | 123 BROMWICH STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 7 Dec 2015. Using an estimated price of £187,801 means this house is valued at £1,788 per sq meter (£166 per sq foot).
The average size of a house on BROMWICH STREET is 148 sq meters (1,599 sq feet).