£270,199
This estimated value is based upon the latest sale price for the house of £47,500 on 4 Sep 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £47,500 | 4 Sep 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 September 1995 the House Price Index for GREATER MANCHESTER was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.842%.Applying this 468.842% change to the original purchase price of £47,500 results in an estimated price of approximately £270,199.
| 4 Sep 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 148.6 | 468.842 % | £47,500 | £222,699 | £270,199 |
The Postcode Pricing Model uses changes in average sales price within the BL8 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 | 201.059 % | £95,503 | £143,003 |
| 3 Month Average | 246.327 % | £117,005 | £164,505 |
| 6 Month Average | 298.724 % | £141,894 | £189,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £150,000 | £150,000 | 47 WHARFSIDE APARTMENTS PROSPECT TERRACE |
| 6 Nov 2023 | £157,329 | £155,000 | 2 PROSPECT TERRACE |
| 7 Jul 2023 | £153,060 | £151,000 | 21 WHARFSIDE APARTMENTS PROSPECT TERRACE |
| 23 Jun 2023 | £161,962 | £160,000 | 7 WHARFSIDE APARTMENTS PROSPECT TERRACE |
| 15 Mar 2023 | £158,998 | £157,500 | 5 WHARFSIDE APARTMENTS PROSPECT TERRACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 26 Mar 2014. Using an estimated price of £270,200 means this house is valued at £3,070 per sq meter (£285 per sq foot).
The average size of a house on BRANDLESHOLME ROAD is 106 sq meters (1,145 sq feet).