£191,447
This estimated value is based upon the latest sale price for the house of £189,000 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £189,000 | 22 Sep 2023 |
| £124,950 | 10 Nov 2014 |
| £85,000 | 29 May 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 60 sq meters or 655 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 2023 the House Price Index for GREATER MANCHESTER was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £189,000 results in an estimated price of approximately £191,447.
| 22 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £189,000 | £2,447 | £191,447 |
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 | -12.651 % | £-23,910 | £165,089 |
| 3 Month Average | -4.480 % | £-8,467 | £180,532 |
| 6 Month Average | 7.188 % | £13,586 | £202,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £218,231 | £215,000 | 100 TETBURY DRIVE |
| 15 Nov 2023 | £172,555 | £170,000 | 84 TETBURY DRIVE |
| 22 Sep 2023 | £191,448 | £189,000 | 215 BREIGHTMET FOLD LANE |
| 20 Apr 2023 | £158,709 | £157,000 | 125 CROSSDALE ROAD |
| 2 Nov 2022 | £197,606 | £200,000 | 141 TETBURY DRIVE |
This house has a floor area of 60 sq meters or 655 sq feet when measured on 3 Feb 2012. Using an estimated price of £191,448 means this house is valued at £3,145 per sq meter (£292 per sq foot).
The average size of a house on BREIGHTMET FOLD LANE is 79 sq meters (853 sq feet).