£275,423
This estimated value is based upon the latest sale price for the house of £149,995 on 9 Jul 2009. 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 |
---|---|
£149,995 | 9 Jul 2009 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 905 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 2009 the House Price Index for GREATER MANCHESTER was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £149,995 results in an estimated price of approximately £275,423.
9 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.622 % | £149,995 | £125,428 | £275,423 |
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 | 12.467 % | £18,699 | £168,694 |
3 Month Average | 52.800 % | £79,197 | £229,192 |
6 Month Average | 88.047 % | £132,065 | £282,060 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £290,000 | £290,000 | 16 APPLETON STREET |
22 Dec 2023 | £121,225 | £117,500 | APARTMENT 3 21 APPLETON STREET |
19 Sep 2023 | £204,508 | £200,000 | 6 WHITEBARN AVENUE |
22 Jun 2023 | £173,476 | £170,000 | 41C CARDINAL STREET |
24 Mar 2023 | £96,613 | £95,000 | APARTMENT 1 18 APPLETON STREET |
This house has a floor area of 84 sq meters or 905 sq feet when measured on 25 Feb 2009. Using an estimated price of £275,424 means this house is valued at £3,273 per sq meter (£304 per sq foot).
The average size of a house on CARDINAL STREET is 99 sq meters (1,069 sq feet).