£406,840
This estimated value is based upon the latest sale price for the house of £397,600 on 30 Oct 2023. 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 |
|---|---|
| £397,600 | 30 Oct 2023 |
| £255,000 | 15 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 857 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 October 2023 the House Price Index for GREATER MANCHESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £397,600 results in an estimated price of approximately £406,840.
| 30 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £397,600 | £9,240 | £406,840 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | -10.512 % | £-41,794 | £355,805 |
| 3 Month Average | -7.386 % | £-29,366 | £368,233 |
| 6 Month Average | 0.077 % | £308 | £397,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £406,840 | £397,600 | 5 HOLLY TREE FARM, 19 BROAD OAK LANE |
| 22 Sep 2023 | £347,664 | £340,000 | 22 JAYTON AVENUE |
| 6 Mar 2023 | £524,255 | £515,500 | 40 BROUGHVILLE DRIVE |
| 11 Nov 2022 | £398,138 | £400,000 | 43 BROAD OAK LANE |
| 27 Jul 2022 | £388,897 | £385,000 | 21 FARLANDS DRIVE |
This house has a floor area of 79 sq meters or 857 sq feet when measured on 20 Oct 2009. Using an estimated price of £406,840 means this house is valued at £5,105 per sq meter (£474 per sq foot).
The average size of a house on BROAD OAK LANE is 98 sq meters (1,060 sq feet).