£126,979
This estimated value is based upon the latest sale price for the house of £87,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£87,000 | 22 May 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £87,000 results in an estimated price of approximately £126,979.
22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £87,000 | £39,979 | £126,979 |
The Postcode Pricing Model uses changes in average sales price within the M50 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 | 1.806 % | £1,571 | £88,571 |
3 Month Average | 11.869 % | £10,326 | £97,326 |
6 Month Average | 30.769 % | £26,768 | £113,768 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £103,816 | £102,000 | 2701 CITY LINK HESSEL STREET |
18 Jun 2021 | £120,168 | £112,000 | 1407 CITY LINK HESSEL STREET |
21 Oct 2019 | £110,369 | £90,000 | 2703 CITY LINK HESSEL STREET |
19 Aug 2019 | £108,905 | £88,500 | 2211 CITY LINK HESSEL STREET |
16 May 2019 | £117,433 | £95,000 | 2408 CITY LINK HESSEL STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 8 Sep 2021. Using an estimated price of £126,980 means this house is valued at £2,395 per sq meter (£222 per sq foot).
The average size of a house on HESSEL STREET is 53 sq meters (572 sq feet).