£273,854
This estimated value is based upon the latest sale price for the house of £222,000 on 20 Dec 2018. 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 |
|---|---|
| £222,000 | 20 Dec 2018 |
| £170,000 | 28 Jun 2013 |
| Terraced |
| Leasehold |
| Floor Area: 121 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 December 2018 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £222,000 results in an estimated price of approximately £273,854.
| 20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £222,000 | £51,854 | £273,854 |
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 | -68.738 % | £-152,598 | £69,401 |
| 3 Month Average | 10.494 % | £23,296 | £245,296 |
| 6 Month Average | 28.093 % | £62,366 | £284,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £126,878 | £125,000 | FLAT 3 160 BROUGHTON LANE |
| 3 Nov 2023 | £131,954 | £130,000 | APARTMENT 151 THE VIBE, 175 BROUGHTON LANE |
| 28 Sep 2023 | £314,015 | £310,000 | 5 ORIEL GARDENS |
| 21 Jul 2023 | £124,678 | £123,000 | APARTMENT 80 THE VIBE, 175 BROUGHTON LANE |
| 3 Feb 2023 | £224,849 | £225,000 | APARTMENT 2 2 ORIEL GARDENS |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 24 Jun 2013. Using an estimated price of £273,855 means this house is valued at £2,263 per sq meter (£210 per sq foot).
The average size of a house on BROUGHTON LANE is 76 sq meters (818 sq feet).