£106,254
This estimated value is based upon the latest sale price for the house of £31,000 on 8 May 2001. 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 |
---|---|
£31,000 | 8 May 2001 |
£10,000 | 29 Oct 1996 |
Terraced |
Freehold |
Floor Area: 148 sq meters or 1,593 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 May 2001 the House Price Index for GREATER MANCHESTER was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £31,000 results in an estimated price of approximately £106,254.
8 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 148.6 | 242.757 % | £31,000 | £75,254 | £106,254 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 80.249 % | £24,877 | £55,877 |
3 Month Average | 474.745 % | £147,170 | £178,170 |
6 Month Average | 516.549 % | £160,130 | £191,130 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £95,904 | £95,000 | APARTMENT 1 18 APPLETON STREET |
26 Aug 2022 | £109,705 | £110,000 | APARTMENT 4 18 APPLETON STREET |
8 Dec 2021 | £183,205 | £171,000 | 17 HUMBER STREET |
2 Jul 2021 | £137,912 | £120,000 | 2 ALMS HILL ROAD |
8 Sep 2020 | £109,239 | £92,000 | APARTMENT 6 1 HUMBER STREET |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 6 May 2015. Using an estimated price of £106,255 means this house is valued at £717 per sq meter (£66 per sq foot).
The average size of a house on CARDINAL STREET is 99 sq meters (1,069 sq feet).