£85,857
This estimated value is based upon the latest sale price for the house of £50,000 on 2 Feb 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 2 Feb 2011 |
| £23,000 | 30 Jun 1999 |
| £18,000 | 11 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 798 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 2011 the House Price Index for GREATER MANCHESTER was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £50,000 results in an estimated price of approximately £85,857.
| 2 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £50,000 | £35,857 | £85,857 |
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 | 103.195 % | £51,597 | £101,597 |
| 3 Month Average | 98.139 % | £49,069 | £99,069 |
| 6 Month Average | 96.976 % | £48,488 | £98,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £173,027 | £170,000 | 9 GOWERDALE ROAD |
| 19 Sep 2023 | £113,451 | £112,000 | 6 HARWICH CLOSE |
| 15 Sep 2023 | £182,331 | £180,000 | 16 DORSET AVENUE |
| 24 Jun 2022 | £167,365 | £165,000 | 7 WORCESTER AVENUE |
| 16 May 2022 | £74,652 | £73,245 | 63 ESSEX ROAD |
This house has a floor area of 74 sq meters or 798 sq feet when measured on 5 Jan 2011. Using an estimated price of £85,857 means this house is valued at £1,157 per sq meter (£107 per sq foot).
The average size of a house on BRINNINGTON ROAD is 83 sq meters (901 sq feet).