£317,377
This estimated value is based upon the latest sale price for the house of £72,500 on 11 Jun 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £72,500 | 11 Jun 1999 |
| £72,500 | 4 Dec 1998 |
| Detached |
| Leasehold |
| Floor Area: 134 sq meters or 1,442 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 June 1999 the House Price Index for GREATER MANCHESTER was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £72,500 results in an estimated price of approximately £317,377.
| 11 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.6 | 337.762 % | £72,500 | £244,877 | £317,377 |
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 | 170.676 % | £123,740 | £196,240 |
| 3 Month Average | 244.705 % | £177,411 | £249,911 |
| 6 Month Average | 308.587 % | £223,725 | £296,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £1,009 | £1,000 | 21 BROMWICH STREET |
| 12 Jul 2023 | £266,081 | £262,500 | 4 BEDWORTH CLOSE |
| 3 Feb 2023 | £154,896 | £155,000 | 8 BRAMCOTE AVENUE |
| 26 Aug 2022 | £137,630 | £138,000 | 130 BROMWICH STREET |
| 5 Aug 2022 | £170,740 | £171,200 | 18 SHARNFORD CLOSE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 12 Dec 2016. Using an estimated price of £317,378 means this house is valued at £2,368 per sq meter (£220 per sq foot).
The average size of a house on BEDWORTH CLOSE is 129 sq meters (1,391 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).