£223,599
This estimated value is based upon the latest sale price for the house of £181,000 on 11 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £181,000 | 11 Jan 2019 |
| £225,000 | 18 Dec 2009 |
| Terraced |
| Leasehold |
| Floor Area: 106 sq meters or 1,140 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 January 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £181,000 results in an estimated price of approximately £223,599.
| 11 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £181,000 | £42,599 | £223,599 |
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 | -3.475 % | £-6,290 | £174,709 |
| 3 Month Average | 14.324 % | £25,926 | £206,926 |
| 6 Month Average | 27.490 % | £49,756 | £230,756 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £170,176 | £168,000 | 59 HOLLYWOOD ROAD |
| 12 Aug 2022 | £498,658 | £500,000 | 11 MILNHOLME |
| 17 Jun 2022 | £380,375 | £375,000 | 54 HARPERS LANE |
| 19 Nov 2021 | £140,597 | £130,000 | 51 HOLLYWOOD ROAD |
| 10 Nov 2021 | £292,009 | £270,000 | 2 BRYNMOOR |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 14 Aug 2018. Using an estimated price of £223,599 means this house is valued at £2,109 per sq meter (£195 per sq foot).
The average size of a house on BRYNMOOR is 125 sq meters (1,347 sq feet).