£107,447
This estimated value is based upon the latest sale price for the house of £29,950 on 19 Jan 2001. 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 |
|---|---|
| £29,950 | 19 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 January 2001 the House Price Index for GREATER MANCHESTER was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £29,950 results in an estimated price of approximately £107,447.
| 19 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 149.7 | 258.756 % | £29,950 | £77,497 | £107,447 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 565.986 % | £169,512 | £199,462 |
| 3 Month Average | 509.835 % | £152,695 | £182,645 |
| 6 Month Average | 456.292 % | £136,659 | £166,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £191,000 | £191,000 | SOVEREIGN WORKS FACTORY LANE |
| 7 Jun 2024 | £180,000 | £180,000 | 80 FACTORY LANE |
| 28 Mar 2024 | £97,498 | £96,000 | 20 SOMERFIELD ROAD |
| 21 Jun 2023 | £122,454 | £120,000 | 67 SOMERFIELD ROAD |
| 11 Apr 2023 | £153,878 | £151,000 | 18 MOSS HOUSE TERRACE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 14 Mar 2014. Using an estimated price of £107,447 means this house is valued at £1,627 per sq meter (£151 per sq foot).
The average size of a house on BROMFIELD AVENUE is 71 sq meters (766 sq feet).