£111,169
This estimated value is based upon the latest sale price for the house of £24,000 on 23 Dec 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£24,000 | 23 Dec 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 December 1998 the House Price Index for GREATER MANCHESTER was 32.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 363.206%.Applying this 363.206% change to the original purchase price of £24,000 results in an estimated price of approximately £111,169.
23 Dec 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.3 | 149.7 | 363.206 % | £24,000 | £87,169 | £111,169 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 382.400 % | £91,776 | £115,776 |
3 Month Average | 364.371 % | £87,448 | £111,448 |
6 Month Average | 339.756 % | £81,541 | £105,541 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £184,688 | £180,000 | FLAT 44 CLOVERLEY, 108 BROOKLANDS ROAD |
21 Apr 2023 | £183,431 | £180,000 | FLAT 18 CLOVERLEY, 108 BROOKLANDS ROAD |
29 Jul 2022 | £769,713 | £762,000 | 3 WESTWOOD DRIVE |
24 Jun 2022 | £10,729 | £10,500 | 24 BOLLIN DRIVE |
27 May 2022 | £369,630 | £360,000 | 7 BOLLIN DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Jul 2013. Using an estimated price of £111,169 means this house is valued at £1,588 per sq meter (£147 per sq foot).
The average size of a house on BROOKLANDS ROAD is 79 sq meters (856 sq feet).