£187,865
This estimated value is based upon the latest sale price for the house of £104,250 on 2 Dec 2005. 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 |
|---|---|
| £104,250 | 2 Dec 2005 |
| £81,495 | 21 Apr 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 531 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 December 2005 the House Price Index for GREATER MANCHESTER was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £104,250 results in an estimated price of approximately £187,865.
| 2 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £104,250 | £83,615 | £187,865 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | -46.638 % | £-48,619 | £55,630 |
| 3 Month Average | 62.062 % | £64,699 | £168,949 |
| 6 Month Average | 93.725 % | £97,708 | £201,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £141,813 | £140,000 | 64 MARTINGALE COURT |
| 21 Jul 2023 | £121,637 | £120,000 | 15 DEANERY COURT |
| 19 Jul 2023 | £121,637 | £120,000 | 11 MARTINGALE COURT |
| 23 Nov 2022 | £133,384 | £135,000 | 30 DEANERY COURT |
| 18 Nov 2022 | £88,923 | £90,000 | 9 DEANERY COURT |
This house has a floor area of 49 sq meters or 531 sq feet when measured on 31 Mar 2012. Using an estimated price of £187,866 means this house is valued at £3,802 per sq meter (£353 per sq foot).
The average size of a house on MARTINGALE COURT is 67 sq meters (723 sq feet).