£324,432
This estimated value is based upon the latest sale price for the house of £258,000 on 16 Apr 2018. 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 |
---|---|
£258,000 | 16 Apr 2018 |
£172,000 | 3 Dec 2013 |
£199,950 | 20 Sep 2007 |
£175,000 | 31 May 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 April 2018 the House Price Index for GREATER MANCHESTER was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £258,000 results in an estimated price of approximately £324,432.
16 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £258,000 | £66,432 | £324,432 |
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 | 95.426 % | £246,199 | £504,199 |
3 Month Average | 27.754 % | £71,606 | £329,606 |
6 Month Average | 34.044 % | £87,833 | £345,833 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Oct 2023 | £304,414 | £297,500 | APARTMENT 414 THE BOX WORKS, 4 WORSLEY STREET |
31 Jul 2020 | £364,228 | £299,000 | APARTMENT 403 THE BOX WORKS, 4 WORSLEY STREET |
28 May 2020 | £215,580 | £174,950 | APARTMENT 112 BASE APARTMENTS, 12 ARUNDEL STREET |
6 Mar 2020 | £319,718 | £263,500 | APARTMENT 410 THE BOX WORKS, 4 WORSLEY STREET |
24 Jan 2020 | £288,140 | £234,500 | APARTMENT 101 THE BOX WORKS, 4 WORSLEY STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 24 Jul 2012. Using an estimated price of £324,433 means this house is valued at £6,621 per sq meter (£615 per sq foot).
The average size of a house on WORSLEY STREET is 62 sq meters (669 sq feet).