£451,182
This estimated value is based upon the latest sale price for the house of £200,000 on 2 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£200,000 | 2 Oct 2003 |
£159,500 | 29 Jul 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 126 sq meters or 1,357 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 2003 the House Price Index for GREATER MANCHESTER was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £200,000 results in an estimated price of approximately £451,182.
2 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 149.7 | 125.591 % | £200,000 | £251,182 | £451,182 |
The Postcode Pricing Model uses changes in average sales price within the BL7 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 | 97.091 % | £194,181 | £394,181 |
3 Month Average | 101.928 % | £203,855 | £403,855 |
6 Month Average | 99.954 % | £199,907 | £399,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £180,548 | £175,000 | 208 BROOK MILL THREADFOLD WAY |
8 Dec 2023 | £242,450 | £235,000 | 3 BROOK MILL THREADFOLD WAY |
24 Nov 2023 | £174,428 | £170,000 | 305 BROOK MILL THREADFOLD WAY |
13 Oct 2023 | £133,022 | £130,001 | APARTMENT 15 THE SCHOOL HOUSE SCHOOL STREET |
22 Sep 2023 | £163,607 | £160,000 | 307 BROOK MILL THREADFOLD WAY |
This house has a floor area of 126 sq meters or 1,357 sq feet when measured on 31 Mar 2009. Using an estimated price of £451,182 means this house is valued at £3,576 per sq meter (£332 per sq foot).
The average size of a house on THREADFOLD WAY is 97 sq meters (1,046 sq feet).