£261,137
This estimated value is based upon the latest sale price for the house of £209,000 on 15 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £209,000 | 15 Feb 2018 |
| £66,750 | 26 Apr 1999 |
| Detached |
| Leasehold |
| Floor Area: 110 sq meters or 1,184 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 February 2018 the House Price Index for GREATER MANCHESTER was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £209,000 results in an estimated price of approximately £261,137.
| 15 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £209,000 | £52,137 | £261,137 |
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 | 4.019 % | £8,399 | £217,399 |
| 3 Month Average | 42.083 % | £87,952 | £296,952 |
| 6 Month Average | 53.520 % | £111,856 | £320,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £218,829 | £215,000 | 260 BREIGHTMET FOLD LANE |
| 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 |
| 22 Feb 2023 | £155,395 | £155,500 | 105 TETBURY DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 31 May 2016. Using an estimated price of £261,137 means this house is valued at £2,373 per sq meter (£220 per sq foot).
There is one other house on the street which we know the size of, this is 8 BRINKSWORTH CLOSE it is 91.0