£274,336
This estimated value is based upon the latest sale price for the house of £205,000 on 12 Sep 2016. 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 |
---|---|
£205,000 | 12 Sep 2016 |
£105,000 | 12 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 78 sq meters or 839 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £205,000 results in an estimated price of approximately £274,336.
12 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £205,000 | £69,336 | £274,336 |
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 | 86.725 % | £177,785 | £382,785 |
3 Month Average | 50.120 % | £102,746 | £307,746 |
6 Month Average | 33.046 % | £67,744 | £272,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £331,000 | £331,000 | FLAT 5 LANSDOWNE HOUSE WILMSLOW ROAD |
18 Apr 2024 | £252,190 | £250,000 | FLAT 18 LANSDOWNE HOUSE WILMSLOW ROAD |
7 Dec 2023 | £376,571 | £365,000 | 37 WHITECHAPEL STREET |
8 Sep 2023 | £690,215 | £675,000 | 1 PLOWLEY CLOSE |
20 Feb 2023 | £578,867 | £575,000 | 5 FORD LODGE FORD LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 10 Feb 2016. Using an estimated price of £274,336 means this house is valued at £3,517 per sq meter (£326 per sq foot).
The average size of a house on WILMSLOW ROAD is 75 sq meters (812 sq feet).