£165,942
This estimated value is based upon the latest sale price for the house of £132,000 on 7 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £132,000 | 7 Dec 2017 |
| £127,500 | 27 May 2011 |
| £56,000 | 30 Sep 1999 |
| £53,995 | 11 Nov 1996 |
| £52,000 | 27 Sep 1996 |
| Terraced |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £132,000 results in an estimated price of approximately £165,942.
| 7 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £132,000 | £33,942 | £165,942 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 21.885 % | £28,888 | £160,888 |
| 3 Month Average | 47.440 % | £62,620 | £194,620 |
| 6 Month Average | 43.183 % | £57,002 | £189,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £304,508 | £300,000 | 1 BRAESIDE GROVE |
| 20 Jul 2023 | £364,911 | £360,000 | 11 BRAESIDE GROVE |
| 20 Jan 2023 | £341,387 | £342,995 | 17 BRAESIDE GROVE |
| 19 Jan 2023 | £408,078 | £410,000 | 15 GLENDEVON CLOSE |
| 12 Aug 2022 | £289,221 | £290,000 | 5 BIRKENHILLS DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 28 Jun 2016. Using an estimated price of £165,943 means this house is valued at £1,929 per sq meter (£179 per sq foot).
The average size of a house on BRAEMAR GARDENS is 92 sq meters (996 sq feet).