£255,167
This estimated value is based upon the latest sale price for the house of £208,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £208,000 | 13 Dec 2019 |
| £122,000 | 29 Oct 2014 |
| Detached |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 December 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £208,000 results in an estimated price of approximately £255,167.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £208,000 | £47,167 | £255,167 |
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 | 17.985 % | £37,409 | £245,409 |
| 3 Month Average | 28.505 % | £59,290 | £267,290 |
| 6 Month Average | 40.246 % | £83,710 | £291,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £266,081 | £262,500 | 4 BEDWORTH CLOSE |
| 3 Feb 2023 | £154,896 | £155,000 | 8 BRAMCOTE AVENUE |
| 26 Aug 2022 | £137,630 | £138,000 | 130 BROMWICH STREET |
| 5 Aug 2022 | £170,740 | £171,200 | 18 SHARNFORD CLOSE |
| 11 Jul 2022 | £175,472 | £175,000 | 10 SHARNFORD CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Jan 2014. Using an estimated price of £255,167 means this house is valued at £3,402 per sq meter (£316 per sq foot).
The average size of a house on BRAMCOTE AVENUE is 90 sq meters (970 sq feet).