£242,676
This estimated value is based upon the latest sale price for the house of £197,500 on 9 Jan 2020. 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 |
---|---|
£197,500 | 9 Jan 2020 |
£211,139 | 2 Apr 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 756 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 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £197,500 results in an estimated price of approximately £242,676.
9 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £197,500 | £45,176 | £242,676 |
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 | 98.120 % | £193,786 | £391,286 |
3 Month Average | 27.531 % | £54,374 | £251,874 |
6 Month Average | 28.810 % | £56,899 | £254,399 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £184,840 | £182,000 | APARTMENT 295 2 KELSO PLACE |
10 Nov 2023 | £184,688 | £180,000 | APARTMENT 285 2 KELSO PLACE |
4 Aug 2023 | £229,133 | £225,000 | APARTMENT 2112 2 KELSO PLACE |
30 Mar 2022 | £180,078 | £172,500 | APARTMENT 2113 2 KELSO PLACE |
14 Oct 2021 | £208,443 | £187,000 | APARTMENT 278 2 KELSO PLACE |
This house has a floor area of 70 sq meters or 756 sq feet when measured on 23 Jul 2009. Using an estimated price of £242,677 means this house is valued at £3,453 per sq meter (£320 per sq foot).
The average size of a house on KELSO PLACE is 60 sq meters (647 sq feet).