£167,333
This estimated value is based upon the latest sale price for the house of £99,995 on 8 May 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£99,995 | 8 May 2013 |
Semi-Detached |
Leasehold |
Floor Area: 39 sq meters or 419 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 2013 the House Price Index for GREATER MANCHESTER was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £99,995 results in an estimated price of approximately £167,333.
8 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.342 % | £99,995 | £67,338 | £167,333 |
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 | 13.397 % | £13,396 | £113,391 |
3 Month Average | 45.550 % | £45,548 | £145,543 |
6 Month Average | 63.210 % | £63,206 | £163,201 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
28 Apr 2022 | £190,513 | £185,000 | 14 LORTON GROVE |
13 Apr 2022 | £223,466 | £217,000 | 2 BREIGHTMET FOLD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 4 Oct 2014. Using an estimated price of £167,334 means this house is valued at £4,290 per sq meter (£398 per sq foot).
The average size of a house on BREIGHTMET FOLD LANE is 79 sq meters (853 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).