£189,004
This estimated value is based upon the latest sale price for the house of £118,000 on 12 May 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £118,000 | 12 May 2008 |
| £108,250 | 29 Jun 2007 |
| £89,950 | 6 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 May 2008 the House Price Index for GREATER MANCHESTER was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £118,000 results in an estimated price of approximately £189,004.
| 12 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £118,000 | £71,004 | £189,004 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 37.456 % | £44,198 | £162,198 |
| 3 Month Average | 26.434 % | £31,191 | £149,191 |
| 6 Month Average | 23.883 % | £28,182 | £146,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £110,964 | £110,000 | 1 WEYBRIDGE CLOSE |
| 29 Sep 2023 | £109,412 | £107,000 | 57 BROCKSBY CHASE |
| 26 Apr 2023 | £162,540 | £159,500 | 26 BROCKSBY CHASE |
| 8 Feb 2023 | £176,177 | £175,000 | 37 NOTTINGHAM DRIVE |
| 20 Jan 2023 | £89,740 | £89,500 | 6 REDHILL GROVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 12 Oct 2021. Using an estimated price of £189,005 means this house is valued at £2,820 per sq meter (£262 per sq foot).
The average size of a house on BROCKSBY CHASE is 87 sq meters (939 sq feet).