£167,021
This estimated value is based upon the latest sale price for the house of £58,000 on 7 Jun 2002. 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 |
---|---|
£58,000 | 7 Jun 2002 |
Terraced |
Leasehold |
Floor Area: 67 sq meters or 721 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 June 2002 the House Price Index for GREATER MANCHESTER was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £58,000 results in an estimated price of approximately £167,021.
7 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
52.0 | 149.7 | 187.968 % | £58,000 | £109,021 | £167,021 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 255.073 % | £147,942 | £205,942 |
3 Month Average | 213.439 % | £123,794 | £181,794 |
6 Month Average | 201.054 % | £116,611 | £174,611 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £240,974 | £235,501 | APARTMENT 25 MAPLE COURT, 145 - 149 CROSS STREET |
30 Sep 2023 | £255,635 | £250,000 | 169 - 171 CROSS STREET |
18 Aug 2023 | £254,592 | £250,000 | APARTMENT 17 MAPLE COURT 145-149 CROSS STREET |
10 Mar 2023 | £284,755 | £280,000 | 39 ELM GROVE |
30 Nov 2022 | £159,255 | £160,000 | APARTMENT 3 MAPLE COURT, 145 - 149 CROSS STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 19 Jul 2013. Using an estimated price of £167,021 means this house is valued at £2,492 per sq meter (£231 per sq foot).
The average size of a house on CROSS STREET is 76 sq meters (825 sq feet).