£179,118
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £165,000 | 24 Sep 2021 |
| £130,000 | 19 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 915 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £165,000 results in an estimated price of approximately £179,118.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £165,000 | £14,118 | £179,118 |
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 | -7.283 % | £-12,016 | £152,983 |
| 3 Month Average | 1.316 % | £2,171 | £167,171 |
| 6 Month Average | 5.389 % | £8,892 | £173,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £167,012 | £164,000 | 29 BRINDALE ROAD |
| 10 Feb 2023 | £219,466 | £218,000 | 21 MAYORLOWE AVENUE |
| 6 Jan 2023 | £183,490 | £183,000 | 27 MAYORLOWE AVENUE |
| 28 Mar 2022 | £167,029 | £160,000 | 336 BRINNINGTON ROAD |
| 24 Sep 2021 | £173,691 | £160,000 | 14 CUMBERLAND AVENUE |
This house has a floor area of 85 sq meters or 915 sq feet when measured on 16 Oct 2008. Using an estimated price of £179,119 means this house is valued at £2,105 per sq meter (£195 per sq foot).
The average size of a house on BRINDALE ROAD is 87 sq meters (944 sq feet).