£97,631
This estimated value is based upon the latest sale price for the house of £79,000 on 17 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £79,000 | 17 Dec 2019 |
| £76,000 | 2 Sep 2005 |
| Terraced |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £79,000 results in an estimated price of approximately £97,631.
| 17 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £79,000 | £18,631 | £97,631 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 39.827 % | £31,463 | £110,463 |
| 3 Month Average | 23.569 % | £18,619 | £97,619 |
| 6 Month Average | 27.227 % | £21,509 | £100,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £72,000 | £72,000 | 20 BROADBENT ROAD |
| 8 Mar 2024 | £228,511 | £225,000 | 6 TILTON STREET |
| 18 Dec 2023 | £203,245 | £197,000 | 18 HILL VIEW CLOSE |
| 18 Dec 2023 | £87,695 | £85,000 | 111 BROADBENT ROAD |
| 24 Nov 2023 | £202,439 | £197,300 | 22 WHITECROFT STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Jun 2019. Using an estimated price of £97,632 means this house is valued at £1,600 per sq meter (£148 per sq foot).
The average size of a house on BROADBENT ROAD is 76 sq meters (827 sq feet).