£507,768
This estimated value is based upon the latest sale price for the house of £490,000 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £490,000 | 18 Mar 2022 |
| £340,000 | 12 Jun 2008 |
| £152,000 | 24 Aug 2001 |
| Detached |
| Leasehold |
| Floor Area: 190 sq meters or 2,047 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 March 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £490,000 results in an estimated price of approximately £507,768.
| 18 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £490,000 | £17,768 | £507,768 |
The Postcode Pricing Model uses changes in average sales price within the SK15 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 | -50.549 % | £-247,689 | £242,310 |
| 3 Month Average | -28.582 % | £-140,050 | £349,949 |
| 6 Month Average | -3.417 % | £-16,745 | £473,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £324,145 | £320,000 | 385 MOTTRAM ROAD |
| 6 Apr 2022 | £255,905 | £248,500 | 407 MOTTRAM ROAD |
| 6 Apr 2022 | £136,448 | £132,500 | 11 MATLEY COURT MOTTRAM ROAD |
| 29 Mar 2022 | £141,968 | £137,000 | 9 MATLEY COURT MOTTRAM ROAD |
| 22 Mar 2022 | £300,516 | £290,000 | 395 MOTTRAM ROAD |
This house has a floor area of 190 sq meters or 2,047 sq feet when measured on 18 Jun 2009. Using an estimated price of £507,769 means this house is valued at £2,668 per sq meter (£247 per sq foot).
The average size of a house on LOWER BROADACRE is 256 sq meters (2,763 sq feet).