£364
This estimated value is based upon the latest sale price for the house of £335 on 16 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £335 | 16 Nov 2021 |
| £111,000 | 6 Aug 2012 |
| £80,000 | 5 Sep 2003 |
| Freehold |
| Floor Area: 65 sq meters or 699 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 November 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £335 results in an estimated price of approximately £364.
| 16 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £335 | £29 | £364 |
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 | 21.973 % | £73 | £408 |
| 3 Month Average | 2.776 % | £9 | £344 |
| 6 Month Average | 7.905 % | £26 | £361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £286,507 | £280,000 | 281 GREG STREET |
| 14 Apr 2023 | £224,193 | £220,000 | 88 BROADSTONE HALL ROAD SOUTH |
| 24 Jan 2023 | £173,463 | £173,000 | 256 GREG STREET |
| 6 Jan 2023 | £345,924 | £345,000 | 59 THREE ACRES DRIVE |
| 28 Apr 2022 | £285,291 | £275,000 | 14 THREE ACRES DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 Oct 2019. Using an estimated price of £365 means this house is valued at £5 per sq meter (£0 per sq foot).
The average size of a house on BROADSTONE HALL ROAD SOUTH is 75 sq meters (809 sq feet).