£163,485
This estimated value is based upon the latest sale price for the house of £107,000 on 28 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£107,000 | 28 Jul 2014 |
£155,000 | 3 Sep 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 613 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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £107,000 results in an estimated price of approximately £163,485.
28 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £107,000 | £56,485 | £163,485 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 143.650 % | £153,705 | £260,705 |
3 Month Average | 49.986 % | £53,485 | £160,485 |
6 Month Average | 62.520 % | £66,896 | £173,896 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £346,936 | £342,500 | 28 HURST MEADOW |
31 Mar 2023 | £333,139 | £330,000 | 6 NALL GATE |
23 Jan 2023 | £482,726 | £485,000 | 30 HURST MEADOW |
6 Jan 2023 | £370,754 | £372,500 | 226A BROAD LANE |
31 May 2022 | £382,202 | £375,000 | 224 BROAD LANE |
This house has a floor area of 56 sq meters or 613 sq feet when measured on 11 Aug 2009. Using an estimated price of £163,486 means this house is valued at £2,869 per sq meter (£266 per sq foot).
The average size of a house on BROAD LANE is 98 sq meters (1,060 sq feet).