£273,969
This estimated value is based upon the latest sale price for the house of £152,500 on 15 Sep 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£152,500 | 15 Sep 2009 |
£80,000 | 15 Nov 2001 |
£59,950 | 13 Sep 1998 |
Semi-Detached |
Leasehold |
Floor Area: 80 sq meters or 867 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 September 2009 the House Price Index for GREATER MANCHESTER was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £152,500 results in an estimated price of approximately £273,969.
15 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £152,500 | £121,469 | £273,969 |
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 | 36.534 % | £55,714 | £208,214 |
3 Month Average | 74.773 % | £114,029 | £266,529 |
6 Month Average | 67.057 % | £102,261 | £254,761 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jul 2024 | £255,000 | £255,000 | 1 KILMORY DRIVE |
8 Mar 2024 | £198,043 | £195,000 | 210 SOMERTON ROAD |
20 Dec 2023 | £2,372,915 | £2,300,000 | BOLTON WYRESDALE ASSOCIATED FOOTBALL CLUB INVERBEG DRIVE |
7 Dec 2023 | £251,735 | £244,000 | 224 BRODICK DRIVE |
14 Sep 2023 | £230,072 | £225,000 | 169 BRODICK DRIVE |
This house has a floor area of 80 sq meters or 867 sq feet when measured on 13 Nov 2008. Using an estimated price of £273,969 means this house is valued at £3,399 per sq meter (£315 per sq foot).
The average size of a house on BRODICK DRIVE is 102 sq meters (1,106 sq feet).