£140,567
This estimated value is based upon the latest sale price for the house of £84,000 on 17 May 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £84,000 | 17 May 2013 |
| £94,950 | 19 Aug 2005 |
| £33,000 | 1 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2013 the House Price Index for GREATER MANCHESTER was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £84,000 results in an estimated price of approximately £140,567.
| 17 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £84,000 | £56,567 | £140,567 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | 89.908 % | £75,522 | £159,522 |
| 3 Month Average | 78.391 % | £65,848 | £149,848 |
| 6 Month Average | 87.855 % | £73,798 | £157,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £212,862 | £211,000 | 4 BROADFIELD GROVE |
| 22 Nov 2021 | £189,265 | £175,000 | 1 COLBORNE AVENUE |
| 8 Oct 2021 | £177,590 | £160,500 | 6 BELFIELD ROAD |
| 29 Sep 2021 | £180,497 | £167,500 | 3 LYNDALE AVENUE |
| 27 Sep 2021 | £151,941 | £141,000 | 16 BELFIELD ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 26 Sep 2012. Using an estimated price of £140,568 means this house is valued at £2,423 per sq meter (£225 per sq foot).
The average size of a house on BROADFIELD ROAD is 70 sq meters (763 sq feet).