£235,952
This estimated value is based upon the latest sale price for the house of £211,500 on 6 Aug 2021. 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 |
|---|---|
| £211,500 | 6 Aug 2021 |
| £157,500 | 28 Apr 2006 |
| £109,950 | 31 Jul 2002 |
| £57,500 | 28 Aug 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2021 the House Price Index for GREATER MANCHESTER was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £211,500 results in an estimated price of approximately £235,952.
| 6 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £211,500 | £24,452 | £235,952 |
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 | -16.117 % | £-34,087 | £177,412 |
| 3 Month Average | -27.379 % | £-57,907 | £153,592 |
| 6 Month Average | -6.675 % | £-14,118 | £197,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £186,259 | £183,000 | FLAT 4 4 CLYDE ROAD |
| 26 Aug 2022 | £221,903 | £222,500 | FLAT 11 BRANKGATE COURT LAPWING LANE |
| 22 Jul 2022 | £155,920 | £155,500 | FLAT 9 HAGUE COURT HAGUE ROAD |
| 6 Jun 2022 | £147,079 | £145,000 | FLAT 10 HAGUE COURT HAGUE ROAD |
| 27 May 2022 | £232,379 | £228,000 | FLAT 23 BRANKGATE COURT LAPWING LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 21 Apr 2021. Using an estimated price of £235,953 means this house is valued at £4,139 per sq meter (£384 per sq foot).
The average size of a house on LAPWING LANE is 75 sq meters (813 sq feet).