£45,760
This estimated value is based upon the latest sale price for the house of £20,435 on 13 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£20,435 | 13 Oct 2003 |
£25,000 | 13 Jun 2003 |
£42,000 | 15 Oct 1997 |
Terraced |
Leasehold |
Floor Area: 193 sq meters or 2,077 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 October 2003 the House Price Index for GREATER MANCHESTER was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £20,435 results in an estimated price of approximately £45,760.
13 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 148.6 | 123.933 % | £20,435 | £25,325 | £45,760 |
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 | 86.280 % | £17,631 | £38,066 |
3 Month Average | 141.253 % | £28,865 | £49,300 |
6 Month Average | 170.355 % | £34,812 | £55,247 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £141,813 | £140,000 | 50 HILDEN STREET |
14 Aug 2023 | £1,009 | £1,000 | 21 BROMWICH STREET |
2 Jun 2023 | £197,391 | £195,000 | 38 BROMWICH STREET |
21 Nov 2022 | £7,410 | £7,500 | 32 HILDEN STREET |
14 Apr 2022 | £293,493 | £285,000 | 63 BRADFORD STREET |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 19 Feb 2014. Using an estimated price of £45,761 means this house is valued at £237 per sq meter (£22 per sq foot).
The average size of a house on BROMWICH STREET is 148 sq meters (1,599 sq feet).