£228,506
This estimated value is based upon the latest sale price for the house of £175,000 on 24 Mar 2017. 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 |
---|---|
£175,000 | 24 Mar 2017 |
£145,000 | 3 Dec 2010 |
£147,000 | 2 May 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 March 2017 the House Price Index for GREATER MANCHESTER was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £175,000 results in an estimated price of approximately £228,506.
24 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £175,000 | £53,506 | £228,506 |
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 | 56.997 % | £99,744 | £274,744 |
3 Month Average | 22.364 % | £39,136 | £214,136 |
6 Month Average | 26.204 % | £45,856 | £220,856 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2023 | £181,130 | £177,500 | APARTMENT 388 3 KELSO PLACE |
14 Mar 2023 | £167,802 | £165,000 | APARTMENT 352 3 KELSO PLACE |
16 Oct 2020 | £162,493 | £137,500 | APARTMENT 309 3 KELSO PLACE |
12 Mar 2020 | £200,203 | £165,000 | APARTMENT 381 3 KELSO PLACE |
23 Aug 2019 | £241,736 | £195,000 | APARTMENT 3106 3 KELSO PLACE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 14 Sep 2010. Using an estimated price of £228,507 means this house is valued at £4,147 per sq meter (£385 per sq foot).
The average size of a house on KELSO PLACE is 60 sq meters (647 sq feet).