£206,911
This estimated value is based upon the latest sale price for the house of £140,000 on 13 Feb 2015. 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 |
---|---|
£140,000 | 13 Feb 2015 |
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 February 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £140,000 results in an estimated price of approximately £206,911.
13 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £140,000 | £66,911 | £206,911 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 47.875 % | £67,025 | £207,025 |
3 Month Average | 14.914 % | £20,879 | £160,879 |
6 Month Average | 47.768 % | £66,875 | £206,875 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £155,000 | £155,000 | FLAT 4 SOUCHAY COURT, 1 CLOTHORN ROAD |
13 Dec 2023 | £225,445 | £221,500 | FLAT 26 SOUCHAY COURT, 1 CLOTHORN ROAD |
11 Dec 2023 | £127,226 | £125,000 | FLAT 31 SOUCHAY COURT, 1 CLOTHORN ROAD |
15 Nov 2023 | £119,773 | £118,000 | FLAT 39 SOUCHAY COURT, 1 CLOTHORN ROAD |
11 Aug 2023 | £141,236 | £140,000 | FLAT 38 SOUCHAY COURT, 1 CLOTHORN ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 21 Mar 2014. Using an estimated price of £206,912 means this house is valued at £3,694 per sq meter (£343 per sq foot).
The average size of a house on WILMSLOW ROAD is 75 sq meters (812 sq feet).