£352,839
This estimated value is based upon the latest sale price for the house of £215,000 on 21 Feb 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£215,000 | 21 Feb 2007 |
£210,000 | 1 Jul 2005 |
£159,500 | 2 Jun 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 118 sq meters or 1,270 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 February 2007 the House Price Index for GREATER MANCHESTER was 91.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.111%.Applying this 64.111% change to the original purchase price of £215,000 results in an estimated price of approximately £352,839.
21 Feb 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 149.7 | 64.111 % | £215,000 | £137,839 | £352,839 |
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 | 82.606 % | £177,601 | £392,601 |
3 Month Average | 45.126 % | £97,021 | £312,021 |
6 Month Average | 41.541 % | £89,312 | £304,312 |
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 118 sq meters or 1,270 sq feet when measured on 16 Aug 2018. Using an estimated price of £352,840 means this house is valued at £2,990 per sq meter (£277 per sq foot).
The average size of a house on THREADFOLD WAY is 97 sq meters (1,046 sq feet).