£954,226
This estimated value is based upon the latest sale price for the house of £770,000 on 13 Jul 2018. 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 |
|---|---|
| £770,000 | 13 Jul 2018 |
| £610,000 | 19 Jul 2010 |
| £227,500 | 29 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 258 sq meters or 2,777 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 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £770,000 results in an estimated price of approximately £954,226.
| 13 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £770,000 | £184,226 | £954,226 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | -15.244 % | £-117,380 | £652,619 |
| 3 Month Average | 24.913 % | £191,827 | £961,827 |
| 6 Month Average | 65.942 % | £507,750 | £1,277,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £507,514 | £500,000 | 5 FAIRWOOD ROAD |
| 10 Nov 2023 | £837,398 | £825,000 | 301 BROOKLANDS ROAD |
| 7 Sep 2023 | £362,130 | £357,500 | 159 WENDOVER ROAD |
| 11 Aug 2023 | £684,488 | £678,500 | 318 BROOKLANDS ROAD |
| 19 Jun 2023 | £647,847 | £640,000 | 310 BROOKLANDS ROAD |
This house has a floor area of 258 sq meters or 2,777 sq feet when measured on 6 Mar 2018. Using an estimated price of £954,227 means this house is valued at £3,698 per sq meter (£343 per sq foot).
The average size of a house on BROOKLANDS ROAD is 200 sq meters (2,155 sq feet).