£215,029
This estimated value is based upon the latest sale price for the house of £175,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £175,000 | 17 Jan 2020 |
| £167,000 | 6 Oct 2017 |
| £151,000 | 28 May 2015 |
| £160,000 | 29 Mar 2007 |
| £160,000 | 28 Jul 2006 |
| £129,000 | 14 May 2004 |
| £54,500 | 5 Nov 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 January 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £175,000 results in an estimated price of approximately £215,029.
| 17 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £175,000 | £40,029 | £215,029 |
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 | -10.230 % | £-17,902 | £157,097 |
| 3 Month Average | 48.491 % | £84,858 | £259,858 |
| 6 Month Average | 35.978 % | £62,960 | £237,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £210,230 | £207,000 | 157 LONGSIGHT |
| 27 Nov 2023 | £267,285 | £260,500 | 8 NEWBRIDGE GARDENS |
| 3 Nov 2023 | £241,121 | £235,000 | 155 LONGSIGHT |
| 27 Oct 2023 | £240,461 | £235,000 | 40 ROSE LEA |
| 27 Mar 2023 | £147,463 | £145,000 | 163 LONGSIGHT |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Mar 2015. Using an estimated price of £215,030 means this house is valued at £2,945 per sq meter (£273 per sq foot).
The average size of a house on BROOK GARDENS is 92 sq meters (991 sq feet).