£260,292
This estimated value is based upon the latest sale price for the house of £185,000 on 21 Oct 2015. 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 |
|---|---|
| £185,000 | 21 Oct 2015 |
| £79,500 | 26 Jan 2001 |
| Terraced |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 October 2015 the House Price Index for GREATER MANCHESTER was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £185,000 results in an estimated price of approximately £260,292.
| 21 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £185,000 | £75,292 | £260,292 |
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 | 150.464 % | £278,357 | £463,357 |
| 3 Month Average | 22.705 % | £42,004 | £227,004 |
| 6 Month Average | 38.160 % | £70,596 | £255,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jan 2023 | £213,992 | £215,000 | 13 ELLIS STREET |
| 12 May 2022 | £179,380 | £176,000 | FLAT 3 284 STRETFORD ROAD |
| 22 Dec 2021 | £149,939 | £139,950 | FLAT 7 286 STRETFORD ROAD |
| 30 Sep 2021 | £172,954 | £160,500 | 55 ELLIS STREET |
| 23 Jul 2021 | £237,898 | £207,000 | 10 ELLIS STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 2 Apr 2015. Using an estimated price of £260,293 means this house is valued at £2,798 per sq meter (£260 per sq foot).
The average size of a house on ELLIS STREET is 67 sq meters (723 sq feet).