£404,048
This estimated value is based upon the latest sale price for the house of £400,000 on 11 Jul 2022. 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 |
|---|---|
| £400,000 | 11 Jul 2022 |
| £307,500 | 2 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 July 2022 the House Price Index for GREATER MANCHESTER was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £400,000 results in an estimated price of approximately £404,048.
| 11 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £400,000 | £4,048 | £404,048 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 55.565 % | £222,260 | £622,260 |
| 3 Month Average | 12.959 % | £51,834 | £451,834 |
| 6 Month Average | -4.857 % | £-19,427 | £380,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £131,026 | £127,000 | FLAT 19 BROOKLYN COURT WILMSLOW ROAD |
| 2 Aug 2023 | £164,976 | £162,000 | 16 WELLINGTON HOUSE, 398 - 400 WILMSLOW ROAD |
| 23 Feb 2023 | £151,009 | £150,000 | FLAT 5 BROOKLYN COURT WILMSLOW ROAD |
| 11 Jul 2022 | £404,049 | £400,000 | 3B CAPE STREET |
| 1 Jul 2022 | £158,589 | £157,000 | FLAT 16 BROOKLYN COURT WILMSLOW ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 21 Aug 2015. Using an estimated price of £404,049 means this house is valued at £2,949 per sq meter (£273 per sq foot).
The average size of a house on CAPE STREET is 128 sq meters (1,382 sq feet).