£66,324
This estimated value is based upon the latest sale price for the house of £13,700 on 19 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 |
---|---|
£13,700 | 19 Feb 1998 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 831 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 £13,700 results in an estimated price of approximately £66,324.
19 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.9 | 149.7 | 384.123 % | £13,700 | £52,624 | £66,324 |
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 | 542.784 % | £74,361 | £88,061 |
3 Month Average | 452.812 % | £62,035 | £75,735 |
6 Month Average | 463.480 % | £63,496 | £77,196 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £219,499 | £214,660 | 1 BRIGHTON AVENUE |
3 Feb 2023 | £188,258 | £187,000 | 427 GORTON ROAD |
28 Oct 2022 | £187,374 | £188,000 | 10 FURNIVAL STREET |
14 Apr 2022 | £117,747 | £113,500 | 434 GORTON ROAD |
11 Dec 2020 | £200,024 | £173,000 | 7 FURNIVAL STREET |
This house has a floor area of 77 sq meters or 831 sq feet when measured on 2 Nov 2011. Using an estimated price of £66,325 means this house is valued at £858 per sq meter (£79 per sq foot).
The average size of a house on BRIGHTON AVENUE is 88 sq meters (952 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | On or near Reddish North (Station) |