£320,144
This estimated value is based upon the latest sale price for the house of £174,350 on 3 Jul 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 |
---|---|
£174,350 | 3 Jul 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 2009 the House Price Index for GREATER MANCHESTER was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £174,350 results in an estimated price of approximately £320,144.
3 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.622 % | £174,350 | £145,794 | £320,144 |
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 | 159.903 % | £278,790 | £453,140 |
3 Month Average | 79.028 % | £137,784 | £312,134 |
6 Month Average | 85.444 % | £148,971 | £323,321 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Oct 2022 | £149,501 | £150,000 | APARTMENT 53 NEW LAWRENCE HOUSE, 2 SHAWHEATH CLOSE |
20 Dec 2010 | £157,368 | £91,273 | APARTMENT 130 NEW LAWRENCE HOUSE, 2 SHAWHEATH CLOSE |
20 Dec 2010 | £157,368 | £91,273 | APARTMENT 137 NEW LAWRENCE HOUSE, 2 SHAWHEATH CLOSE |
20 Dec 2010 | £157,368 | £91,273 | APARTMENT 23 NEW LAWRENCE HOUSE, 2 SHAWHEATH CLOSE |
20 Dec 2010 | £157,368 | £91,273 | APARTMENT 133 NEW LAWRENCE HOUSE, 2 SHAWHEATH CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 Jun 2013. Using an estimated price of £320,145 means this house is valued at £5,716 per sq meter (£531 per sq foot).
The average size of a house on SHAWHEATH CLOSE is 64 sq meters (698 sq feet).