£252,418
This estimated value is based upon the latest sale price for the house of £192,500 on 16 Dec 2016. 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 |
---|---|
£192,500 | 16 Dec 2016 |
£181,000 | 7 Jul 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 December 2016 the House Price Index for GREATER MANCHESTER was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £192,500 results in an estimated price of approximately £252,418.
16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £192,500 | £59,918 | £252,418 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 139.353 % | £268,255 | £460,755 |
3 Month Average | 9.753 % | £18,774 | £211,274 |
6 Month Average | 18.932 % | £36,443 | £228,943 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jul 2023 | £228,070 | £225,000 | APARTMENT 135 1 KELSO PLACE |
30 Jul 2021 | £215,487 | £187,500 | APARTMENT 1116 1 KELSO PLACE |
30 Apr 2020 | £174,930 | £142,500 | APARTMENT 1107 1 KELSO PLACE |
19 Dec 2018 | £203,541 | £165,000 | APARTMENT 164 1 KELSO PLACE |
11 Dec 2018 | £203,541 | £165,000 | APARTMENT 1146 1 KELSO PLACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 11 Aug 2021. Using an estimated price of £252,419 means this house is valued at £4,206 per sq meter (£390 per sq foot).
The average size of a house on KELSO PLACE is 60 sq meters (647 sq feet).