£118,511
This estimated value is based upon the latest sale price for the house of £85,000 on 4 Dec 2015. 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 |
---|---|
£85,000 | 4 Dec 2015 |
£85,000 | 30 Jun 2009 |
£85,000 | 30 Jun 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 376 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £85,000 results in an estimated price of approximately £118,511.
4 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £85,000 | £33,511 | £118,511 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | 35.465 % | £30,145 | £115,145 |
3 Month Average | 49.451 % | £42,033 | £127,033 |
6 Month Average | 64.807 % | £55,085 | £140,085 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £148,288 | £147,000 | APARTMENT 19 THE VIBE, 175 BROUGHTON LANE |
9 Apr 2024 | £176,533 | £175,000 | APARTMENT 39 THE VIBE, 175 BROUGHTON LANE |
15 Dec 2023 | £147,533 | £143,000 | APARTMENT 129 THE VIBE, 175 BROUGHTON LANE |
10 Nov 2023 | £128,256 | £125,000 | FLAT 3 160 BROUGHTON LANE |
3 Nov 2023 | £133,386 | £130,000 | APARTMENT 151 THE VIBE, 175 BROUGHTON LANE |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 24 May 2018. Using an estimated price of £118,512 means this house is valued at £3,386 per sq meter (£314 per sq foot).
The average size of a house on BROUGHTON LANE is 76 sq meters (818 sq feet).