£57,331
This estimated value is based upon the latest sale price for the house of £31,000 on 29 May 2009. 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 |
---|---|
£31,000 | 29 May 2009 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 772 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 May 2009 the House Price Index for GREATER MANCHESTER was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £31,000 results in an estimated price of approximately £57,331.
29 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.940 % | £31,000 | £26,331 | £57,331 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 359.851 % | £111,553 | £142,553 |
3 Month Average | 119.526 % | £37,053 | £68,053 |
6 Month Average | 82.327 % | £25,521 | £56,521 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2022 | £142,007 | £140,000 | 40 BRODICK STREET |
19 Jan 2022 | £105,241 | £100,000 | 24 BRODICK STREET |
10 Dec 2021 | £262,487 | £245,000 | 29 BRODICK STREET |
7 Dec 2021 | £137,672 | £128,500 | 345 MOSTON LANE |
12 Nov 2021 | £205,488 | £190,000 | 24 ARRAN STREET |
This house has a floor area of 71 sq meters or 772 sq feet when measured on 19 Jan 2011. Using an estimated price of £57,331 means this house is valued at £799 per sq meter (£74 per sq foot).
The average size of a house on BRODICK STREET is 90 sq meters (971 sq feet).