£281,413
This estimated value is based upon the latest sale price for the house of £179,600 on 13 Feb 2008. 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 |
---|---|
£179,600 | 13 Feb 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 February 2008 the House Price Index for GREATER MANCHESTER was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £179,600 results in an estimated price of approximately £281,413.
13 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 148.6 | 56.689 % | £179,600 | £101,813 | £281,413 |
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 | 180.449 % | £324,085 | £503,685 |
3 Month Average | 31.313 % | £56,238 | £235,838 |
6 Month Average | 40.795 % | £73,267 | £252,867 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £817,149 | £810,000 | 5 JORDAN STREET |
2 Mar 2022 | £704,658 | £680,000 | G0-07 HILL QUAYS COMMERCIAL STREET |
24 Mar 2021 | £187,002 | £168,000 | FLAT 60 HILL QUAYS, 8 COMMERCIAL STREET |
3 Sep 2020 | £183,030 | £154,146 | FLAT 30 HILL QUAYS, 8 COMMERCIAL STREET |
1 Jul 2020 | £186,394 | £154,146 | FLAT 74 HILL QUAYS, 8 COMMERCIAL STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 May 2012. Using an estimated price of £281,414 means this house is valued at £4,200 per sq meter (£390 per sq foot).
The average size of a house on COMMERCIAL STREET is 67 sq meters (725 sq feet).