£191,893
This estimated value is based upon the latest sale price for the house of £154,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£154,000 | 31 Aug 2018 |
£62,000 | 3 Aug 2001 |
Terraced |
Leasehold |
Floor Area: 62 sq meters or 673 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £154,000 results in an estimated price of approximately £191,893.
31 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £154,000 | £37,893 | £191,893 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 14.960 % | £23,037 | £177,037 |
3 Month Average | 35.008 % | £53,911 | £207,911 |
6 Month Average | 30.023 % | £46,235 | £200,235 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Nov 2022 | £248,836 | £250,000 | 2 BRENDON AVENUE |
17 Aug 2022 | £221,034 | £220,000 | 12 BROADSTONE HALL ROAD SOUTH |
17 Aug 2022 | £326,527 | £325,000 | 10 BRENTFORD ROAD |
26 Jul 2022 | £378,796 | £375,000 | 275 REDDISH ROAD |
21 Jul 2022 | £146,468 | £145,000 | 10 HANDFORTH ROAD |
This house has a floor area of 62 sq meters or 673 sq feet when measured on 15 Nov 2011. Using an estimated price of £191,893 means this house is valued at £3,065 per sq meter (£284 per sq foot).
The average size of a house on BROADSTONE HALL ROAD SOUTH is 75 sq meters (809 sq feet).