£166,779
This estimated value is based upon the latest sale price for the house of £135,000 on 18 Oct 2019. 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 |
---|---|
£135,000 | 18 Oct 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 882 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 October 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £135,000 results in an estimated price of approximately £166,779.
18 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £135,000 | £31,779 | £166,779 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 72.657 % | £98,086 | £233,086 |
3 Month Average | 36.277 % | £48,973 | £183,973 |
6 Month Average | 18.081 % | £24,409 | £159,409 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £162,497 | £160,000 | FLAT 70 THORNE HOUSE WILMSLOW ROAD |
12 Jun 2023 | £127,556 | £125,000 | FLAT 12 THORNE HOUSE WILMSLOW ROAD |
20 Apr 2023 | £152,859 | £150,000 | FLAT 73 APPLEBY LODGE WILMSLOW ROAD |
10 Mar 2023 | £127,123 | £125,000 | FLAT 53 APPLEBY LODGE WILMSLOW ROAD |
18 Jan 2023 | £125,335 | £125,000 | FLAT 54 THORNE HOUSE WILMSLOW ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 20 Jun 2019. Using an estimated price of £166,779 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on WILMSLOW ROAD is 67 sq meters (722 sq feet).