£140,153
This estimated value is based upon the latest sale price for the house of £28,950 on 13 Feb 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £28,950 | 13 Feb 1998 |
| Terraced |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 February 1998 the House Price Index for GREATER MANCHESTER was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £28,950 results in an estimated price of approximately £140,153.
| 13 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 149.7 | 384.123 % | £28,950 | £111,203 | £140,153 |
The Postcode Pricing Model uses changes in average sales price within the OL1 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 | 222.967 % | £64,548 | £93,498 |
| 3 Month Average | 301.518 % | £87,289 | £116,239 |
| 6 Month Average | 330.688 % | £95,734 | £124,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £72,000 | £72,000 | 20 BROADBENT ROAD |
| 8 Mar 2024 | £228,511 | £225,000 | 6 TILTON STREET |
| 18 Dec 2023 | £87,695 | £85,000 | 111 BROADBENT ROAD |
| 24 Nov 2023 | £202,439 | £197,300 | 22 WHITECROFT STREET |
| 30 Jan 2023 | £242,648 | £242,000 | 11 HILL VIEW CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 23 Nov 2009. Using an estimated price of £140,154 means this house is valued at £2,457 per sq meter (£228 per sq foot).
The average size of a house on BROADBENT ROAD is 76 sq meters (827 sq feet).