£248,701
This estimated value is based upon the latest sale price for the house of £197,000 on 12 Mar 2018. 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 |
---|---|
£197,000 | 12 Mar 2018 |
£149,950 | 28 Dec 2007 |
£146,080 | 5 Jun 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 March 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £197,000 results in an estimated price of approximately £248,701.
12 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £197,000 | £51,701 | £248,701 |
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 | 104.740 % | £206,338 | £403,338 |
3 Month Average | 38.901 % | £76,635 | £273,635 |
6 Month Average | 28.496 % | £56,137 | £253,137 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £221,816 | £215,000 | APARTMENT 117 CITY SOUTH, 39 CITY ROAD EAST |
30 Nov 2020 | £46,133 | £39,500 | APARTMENT 59 CITY SOUTH, 39 CITY ROAD EAST |
13 Sep 2019 | £234,849 | £190,000 | APARTMENT 5 CITY SOUTH, 39 CITY ROAD EAST |
1 Feb 2019 | £238,927 | £192,000 | APARTMENT 26 CITY SOUTH, 39 CITY ROAD EAST |
14 Sep 2018 | £323,442 | £260,000 | APARTMENT 52 CITY SOUTH, 39 CITY ROAD EAST |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 10 Nov 2017. Using an estimated price of £248,702 means this house is valued at £4,145 per sq meter (£385 per sq foot).
The average size of a house on CITY ROAD EAST is 66 sq meters (716 sq feet).