£53,275
This estimated value is based upon the latest sale price for the house of £17,300 on 15 Feb 2002. 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 |
---|---|
£17,300 | 15 Feb 2002 |
Terraced |
Freehold |
Floor Area: 40 sq meters or 430 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 2002 the House Price Index for GREATER MANCHESTER was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £17,300 results in an estimated price of approximately £53,275.
15 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 148.6 | 207.949 % | £17,300 | £35,975 | £53,275 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 390.712 % | £67,593 | £84,893 |
3 Month Average | 750.554 % | £129,845 | £147,145 |
6 Month Average | 708.971 % | £122,652 | £139,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £86,514 | £85,000 | 67 GORTON LANE |
30 Jun 2023 | £195,366 | £193,000 | 34 BLACKWIN STREET |
20 Mar 2023 | £156,474 | £155,000 | 5 ELLENBROOK CLOSE |
8 Jul 2022 | £205,553 | £205,000 | 105 GORTON LANE |
25 Apr 2022 | £103,495 | £100,500 | 61 GORTON LANE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 4 Jul 2014. Using an estimated price of £53,275 means this house is valued at £1,331 per sq meter (£123 per sq foot).
The average size of a house on BRINSOP SQUARE is 63 sq meters (686 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).