£258,769
This estimated value is based upon the latest sale price for the house of £210,000 on 27 May 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£210,000 | 27 May 2020 |
£220,000 | 10 Mar 2017 |
£66,545 | 22 May 1997 |
Semi-Detached |
Leasehold |
Floor Area: 135 sq meters or 1,453 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 May 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £210,000 results in an estimated price of approximately £258,769.
27 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £210,000 | £48,769 | £258,769 |
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 | -5.274 % | £-11,075 | £198,924 |
3 Month Average | 37.138 % | £77,989 | £287,989 |
6 Month Average | 27.215 % | £57,150 | £267,150 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 May 2024 | £254,000 | £254,000 | 116 BROMWICH STREET |
6 Apr 2023 | £203,761 | £199,950 | 44 STRAWBERRY HILL ROAD |
4 Nov 2022 | £203,051 | £204,000 | 115 BROMWICH STREET |
26 Aug 2022 | £138,648 | £138,000 | 130 BROMWICH STREET |
11 Aug 2022 | £201,442 | £200,500 | 123 BROMWICH STREET |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 26 Oct 2016. Using an estimated price of £258,769 means this house is valued at £1,916 per sq meter (£178 per sq foot).
The average size of a house on BROMWICH STREET is 148 sq meters (1,599 sq feet).