£454,577
This estimated value is based upon the latest sale price for the house of £265,000 on 20 Jan 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £265,000 | 20 Jan 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 215 sq meters or 2,318 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 2011 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £265,000 results in an estimated price of approximately £454,577.
| 20 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £265,000 | £189,577 | £454,577 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 30.505 % | £80,838 | £345,838 |
| 3 Month Average | 40.484 % | £107,281 | £372,281 |
| 6 Month Average | 34.076 % | £90,302 | £355,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2022 | £1,600,612 | £1,620,000 | 4 NETHERHEY STREET |
| 8 Jul 2022 | £90,243 | £90,000 | 8 KINGSBRIDGE ROAD |
| 4 Feb 2022 | £167,791 | £160,000 | 33 BROOK LANE |
| 23 Jun 2021 | £69,740 | £65,000 | 17 EASTBOURNE STREET |
| 22 Dec 2020 | £44,761 | £39,000 | 19 BROOK LANE |
This house has a floor area of 215 sq meters or 2,318 sq feet when measured on 16 Oct 2009. Using an estimated price of £454,577 means this house is valued at £2,110 per sq meter (£196 per sq foot).
The average size of a house on BROOK LANE is 176 sq meters (1,904 sq feet).