£87,469
This estimated value is based upon the latest sale price for the house of £51,000 on 18 Jan 2010. 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 |
---|---|
£51,000 | 18 Jan 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 761 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 January 2010 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £51,000 results in an estimated price of approximately £87,469.
18 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.508 % | £51,000 | £36,469 | £87,469 |
The Postcode Pricing Model uses changes in average sales price within the M1 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 | 30.576 % | £15,593 | £66,593 |
3 Month Average | 31.015 % | £15,817 | £66,817 |
6 Month Average | 53.620 % | £27,346 | £78,346 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £244,640 | £242,500 | 15 LOCKTON CLOSE |
24 Feb 2023 | £724,512 | £725,000 | 1 JUSTIN CLOSE |
6 Jul 2022 | £235,634 | £235,000 | FLAT 11 GRANBY HOUSE GRANBY ROW |
27 May 2022 | £152,269 | £149,400 | FLAT 12 GRANBY HOUSE GRANBY ROW |
31 Mar 2022 | £134,196 | £129,500 | FLAT 28 SILKIN COURT SILKIN CLOSE |
This house has a floor area of 70 sq meters or 761 sq feet when measured on 7 Jul 2009. Using an estimated price of £87,469 means this house is valued at £1,237 per sq meter (£114 per sq foot).
The average size of a house on MANCROFT WALK is 103 sq meters (1,112 sq feet).