£117,428
This estimated value is based upon the latest sale price for the house of £88,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £88,000 | 28 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £88,000 results in an estimated price of approximately £117,428.
| 28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £88,000 | £29,428 | £117,428 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 20.505 % | £18,044 | £106,044 |
| 3 Month Average | 58.589 % | £51,557 | £139,557 |
| 6 Month Average | 81.050 % | £71,323 | £159,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £340,227 | £335,000 | 51 BROOKHURST ROAD |
| 9 Jun 2023 | £165,823 | £162,500 | 12 LABURNUM ROAD |
| 31 Mar 2023 | £152,548 | £150,000 | 7 BROOKHURST ROAD |
| 21 Feb 2023 | £227,520 | £226,000 | 15 BROOKHURST ROAD |
| 6 Apr 2022 | £228,233 | £220,000 | 25 BROOKHURST ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 6 Jul 2020. Using an estimated price of £117,428 means this house is valued at £1,304 per sq meter (£121 per sq foot).
The average size of a house on LEVENSHULME ROAD is 105 sq meters (1,138 sq feet).