£321,461
This estimated value is based upon the latest sale price for the house of £318,000 on 3 Apr 2023. 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 |
|---|---|
| £318,000 | 3 Apr 2023 |
| £159,950 | 27 Aug 2010 |
| Terraced |
| Leasehold |
| Floor Area: 120 sq meters or 1,302 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 April 2023 the House Price Index for GREATER MANCHESTER was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £318,000 results in an estimated price of approximately £321,461.
| 3 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £318,000 | £3,461 | £321,461 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -88.490 % | £-281,397 | £36,602 |
| 3 Month Average | -15.864 % | £-50,446 | £267,553 |
| 6 Month Average | -8.467 % | £-26,924 | £291,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £321,461 | £318,000 | 155 BROUGHTON LANE |
| 9 Mar 2023 | £111,046 | £110,000 | APARTMENT 3 151 BROUGHTON LANE |
| 10 Feb 2023 | £114,923 | £115,000 | APARTMENT 2 64 LORD STREET |
| 20 Jun 2022 | £220,618 | £217,500 | APARTMENT 1 21 LORD STREET |
| 13 Aug 2021 | £109,330 | £98,000 | APARTMENT 6 151 BROUGHTON LANE |
This house has a floor area of 120 sq meters or 1,302 sq feet when measured on 23 Aug 2010. Using an estimated price of £321,461 means this house is valued at £2,656 per sq meter (£246 per sq foot).
The average size of a house on BROUGHTON LANE is 76 sq meters (818 sq feet).