£241,961
This estimated value is based upon the latest sale price for the house of £140,000 on 23 Dec 2009. 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 | 23 Dec 2009 |
£195,995 | 7 Nov 2002 |
£130,680 | 6 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 86 sq meters or 927 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 December 2009 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £140,000 results in an estimated price of approximately £241,961.
23 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.830 % | £140,000 | £101,961 | £241,961 |
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 | 234.845 % | £328,782 | £468,782 |
3 Month Average | 64.951 % | £90,931 | £230,931 |
6 Month Average | 64.152 % | £89,812 | £229,812 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2019 | £220,738 | £180,000 | APARTMENT 37 CITY SOUTH, 39 CITY ROAD EAST |
13 Sep 2019 | £233,123 | £190,000 | APARTMENT 5 CITY SOUTH, 39 CITY ROAD EAST |
30 Aug 2019 | £283,030 | £230,000 | APARTMENT 89 CITY SOUTH, 39 CITY ROAD EAST |
1 Feb 2019 | £237,172 | £192,000 | APARTMENT 26 CITY SOUTH, 39 CITY ROAD EAST |
14 Sep 2018 | £321,065 | £260,000 | APARTMENT 52 CITY SOUTH, 39 CITY ROAD EAST |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 21 Oct 2009. Using an estimated price of £241,962 means this house is valued at £2,806 per sq meter (£260 per sq foot).
The average size of a house on CITY ROAD EAST is 66 sq meters (716 sq feet).