£518,757
This estimated value is based upon the latest sale price for the house of £351,000 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £351,000 | 27 Feb 2015 |
| Detached |
| Leasehold |
| Floor Area: 135 sq meters or 1,453 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 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £351,000 results in an estimated price of approximately £518,757.
| 27 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £351,000 | £167,757 | £518,757 |
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 | 34.649 % | £121,618 | £472,618 |
| 3 Month Average | 41.154 % | £144,451 | £495,451 |
| 6 Month Average | 29.970 % | £105,193 | £456,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £1,158,654 | £1,141,500 | 16 LOSTOCK JUNCTION LANE |
| 18 Aug 2023 | £643,126 | £637,500 | 3 THE MEADOW |
| 11 Aug 2023 | £1,235,811 | £1,225,000 | 5 LOSTOCK JUNCTION LANE |
| 26 Apr 2023 | £454,898 | £450,000 | 25 CLOUGH MEADOW |
| 27 Jan 2023 | £109,484 | £110,000 | 7 NEILSTON RISE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 11 Jan 2013. Using an estimated price of £518,758 means this house is valued at £3,842 per sq meter (£356 per sq foot).
The average size of a house on BRINKSWAY is 182 sq meters (1,959 sq feet).
This house is the smallest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | On or near Lostock (Station) |