£338,726
This estimated value is based upon the latest sale price for the house of £100,000 on 5 Jul 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£100,000 | 5 Jul 2001 |
Detached |
Leasehold |
Floor Area: 229 sq meters or 2,464 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 July 2001 the House Price Index for GREATER MANCHESTER was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £100,000 results in an estimated price of approximately £338,726.
5 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £100,000 | £238,726 | £338,726 |
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 | 180.100 % | £180,100 | £280,100 |
3 Month Average | 293.961 % | £293,960 | £393,960 |
6 Month Average | 261.252 % | £261,252 | £361,252 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £98,858 | £98,000 | APARTMENT 2 ST PETERS HOUSE, 71 BROMWICH STREET |
8 Apr 2024 | £98,858 | £98,000 | APARTMENT 5 ST PETERS HOUSE, 71 BROMWICH STREET |
8 Apr 2024 | £98,858 | £98,000 | APARTMENT 4 ST PETERS HOUSE, 71 BROMWICH STREET |
5 Apr 2024 | £98,858 | £98,000 | APARTMENT 1 ST PETERS HOUSE, 71 BROMWICH STREET |
14 Mar 2024 | £102,576 | £101,000 | APARTMENT 15 ST PETERS HOUSE, 71 BROMWICH STREET |
This house has a floor area of 229 sq meters or 2,464 sq feet when measured on 7 Nov 2013. Using an estimated price of £338,726 means this house is valued at £1,479 per sq meter (£137 per sq foot).
The average size of a house on BROMWICH STREET is 148 sq meters (1,599 sq feet).