£167,942
This estimated value is based upon the latest sale price for the house of £40,500 on 15 Oct 1999. 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 |
|---|---|
| £40,500 | 15 Oct 1999 |
| £39,000 | 16 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 October 1999 the House Price Index for GREATER MANCHESTER was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £40,500 results in an estimated price of approximately £167,942.
| 15 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 148.6 | 314.674 % | £40,500 | £127,442 | £167,942 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 142.686 % | £57,787 | £98,287 |
| 3 Month Average | 528.202 % | £213,921 | £254,421 |
| 6 Month Average | 570.241 % | £230,947 | £271,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £127,212 | £125,500 | FLAT 82 ST. DAVIDS COURT SHERBORNE STREET |
| 15 Feb 2023 | £125,416 | £125,500 | FLAT 100 ST. DAVIDS COURT SHERBORNE STREET |
| 8 Feb 2022 | £115,356 | £110,000 | FLAT 7 4 LARCH GARDENS |
| 17 Dec 2021 | £88,389 | £82,500 | FLAT 2 16 LARCH GARDENS |
| 11 Jun 2021 | £113,194 | £105,500 | FLAT 99 ST. DAVIDS COURT SHERBORNE STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 25 Jul 2019. Using an estimated price of £167,943 means this house is valued at £3,168 per sq meter (£294 per sq foot).
The average size of a house on SHERBORNE STREET is 59 sq meters (644 sq feet).