£213,509
This estimated value is based upon the latest sale price for the house of £110,000 on 20 Aug 2004. 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 |
---|---|
£110,000 | 20 Aug 2004 |
£98,875 | 4 Feb 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 August 2004 the House Price Index for GREATER MANCHESTER was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £110,000 results in an estimated price of approximately £213,509.
20 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 149.7 | 94.099 % | £110,000 | £103,509 | £213,509 |
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 | 168.169 % | £184,986 | £294,986 |
3 Month Average | 85.961 % | £94,557 | £204,557 |
6 Month Average | 73.702 % | £81,071 | £191,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jun 2023 | £177,558 | £174,000 | FLAT 14 71 BOUNDARY LANE |
16 Mar 2023 | £183,057 | £180,000 | FLAT 12 71 BOUNDARY LANE |
16 Jan 2023 | £195,522 | £195,000 | FLAT 104 1 CAMBRIDGE STREET |
17 Dec 2021 | £361,568 | £335,000 | FLAT 102 1 CAMBRIDGE STREET |
12 Jun 2020 | £7,320 | £6,000 | ITALIAN EXPRESS HIGHER CAMBRIDGE STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 18 Jan 2020. Using an estimated price of £213,509 means this house is valued at £3,812 per sq meter (£354 per sq foot).
The average size of a house on BOUNDARY LANE is 62 sq meters (671 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Street |