£272,802
This estimated value is based upon the latest sale price for the house of £212,000 on 11 May 2017. 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 |
---|---|
£212,000 | 11 May 2017 |
£232,390 | 8 Nov 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 738 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 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £212,000 results in an estimated price of approximately £272,802.
11 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £212,000 | £60,802 | £272,802 |
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 | 96.975 % | £205,587 | £417,587 |
3 Month Average | 9.445 % | £20,024 | £232,024 |
6 Month Average | 15.317 % | £32,472 | £244,472 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Dec 2021 | £214,275 | £200,000 | APARTMENT 704 LUMIERE BUILDING, 38 CITY ROAD EAST |
28 Sep 2020 | £255,287 | £215,000 | APARTMENT 4 LUMIERE BUILDING, 38 CITY ROAD EAST |
27 Sep 2019 | £261,343 | £213,000 | APARTMENT 5 LUMIERE BUILDING, 38 CITY ROAD EAST |
15 Jan 2019 | £271,778 | £220,000 | APARTMENT 101 LUMIERE BUILDING, 38 CITY ROAD EAST |
16 Nov 2018 | £269,866 | £219,000 | APARTMENT 316 LUMIERE BUILDING, 38 CITY ROAD EAST |
This house has a floor area of 68 sq meters or 738 sq feet when measured on 18 Nov 2008. Using an estimated price of £272,802 means this house is valued at £3,975 per sq meter (£369 per sq foot).
The average size of a house on CITY ROAD EAST is 66 sq meters (716 sq feet).