£671,107
This estimated value is based upon the latest sale price for the house of £555,000 on 7 Jul 2020. 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 |
|---|---|
| £555,000 | 7 Jul 2020 |
| £285,000 | 23 Jan 2015 |
| £271,000 | 25 Nov 2003 |
| £271,000 | 25 Nov 2003 |
| £271,000 | 25 Nov 2003 |
| £271,000 | 25 Nov 2003 |
| £271,000 | 25 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 273 sq meters or 2,938 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 July 2020 the House Price Index for GREATER MANCHESTER was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £555,000 results in an estimated price of approximately £671,107.
| 7 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £555,000 | £116,107 | £671,107 |
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 | -12.487 % | £-69,305 | £485,694 |
| 3 Month Average | -10.916 % | £-60,581 | £494,418 |
| 6 Month Average | 10.146 % | £56,312 | £611,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £222,849 | £220,000 | FLAT 7 MAYFAIR COURT MERSEY ROAD |
| 15 Sep 2023 | £232,979 | £230,000 | FLAT 9 MAYFAIR COURT MERSEY ROAD |
| 26 Apr 2023 | £214,307 | £212,000 | FLAT 25 LANGHAM COURT MERSEY ROAD |
| 16 Sep 2022 | £250,973 | £253,000 | 21 PENCARROW CLOSE |
| 3 Aug 2022 | £378,980 | £380,000 | YEW TREE FLAT MAYFAIR MANSIONS MERSEY ROAD |
This house has a floor area of 273 sq meters or 2,938 sq feet when measured on 17 Oct 2018. Using an estimated price of £671,107 means this house is valued at £2,458 per sq meter (£228 per sq foot).
The average size of a house on MERSEY ROAD is 64 sq meters (695 sq feet).
This house is the largest in the street with a floor area of 273 sq meters (2,938 sq feet).