£130,025
This estimated value is based upon the latest sale price for the house of £87,500 on 16 Jan 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 |
|---|---|
| £87,500 | 16 Jan 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2015 the House Price Index for GREATER MANCHESTER was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £87,500 results in an estimated price of approximately £130,025.
| 16 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £87,500 | £42,525 | £130,025 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 101.872 % | £89,137 | £176,637 |
| 3 Month Average | 44.388 % | £38,839 | £126,339 |
| 6 Month Average | 69.667 % | £60,958 | £148,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £227,000 | £227,000 | 46 BROADLEA ROAD |
| 18 Dec 2023 | £281,424 | £276,500 | 25 FERNDALE GARDENS |
| 31 Aug 2023 | £327,868 | £325,000 | 54 BROADLEA ROAD |
| 1 Jun 2023 | £237,881 | £235,000 | 14 ROSEVALE AVENUE |
| 24 Feb 2023 | £299,798 | £300,000 | 46 BROADHILL ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Nov 2014. Using an estimated price of £130,025 means this house is valued at £1,970 per sq meter (£183 per sq foot).
The average size of a house on BROADLEA ROAD is 85 sq meters (916 sq feet).