£217,945
This estimated value is based upon the latest sale price for the house of £38,750 on 24 Feb 1995. 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 |
---|---|
£38,750 | 24 Feb 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 669 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 February 1995 the House Price Index for GREATER MANCHESTER was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.439%.Applying this 462.439% change to the original purchase price of £38,750 results in an estimated price of approximately £217,945.
24 Feb 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.6 | 149.7 | 462.439 % | £38,750 | £179,195 | £217,945 |
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 | 338.300 % | £131,091 | £169,841 |
3 Month Average | 520.956 % | £201,870 | £240,620 |
6 Month Average | 548.240 % | £212,442 | £251,192 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jan 2023 | £95,255 | £95,000 | FLAT 11 ST. DAVIDS COURT SHERBORNE STREET |
27 Jan 2022 | £122,983 | £116,000 | FLAT 15 ST. DAVIDS COURT SHERBORNE STREET |
3 Dec 2021 | £317,317 | £294,000 | 60 ELIZABETH STREET |
24 Sep 2021 | £201,916 | £186,000 | 48 ELIZABETH STREET |
30 Jun 2021 | £113,491 | £105,000 | FLAT 41 ST. DAVIDS COURT SHERBORNE STREET |
This house has a floor area of 62 sq meters or 669 sq feet when measured on 25 Mar 2009. Using an estimated price of £217,945 means this house is valued at £3,502 per sq meter (£325 per sq foot).
The average size of a house on SHERBORNE STREET is 59 sq meters (644 sq feet).