£354,691
This estimated value is based upon the latest sale price for the house of £285,000 on 15 Mar 2019. 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 |
---|---|
£285,000 | 15 Mar 2019 |
£242,000 | 18 May 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 81 sq meters or 871 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 March 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £285,000 results in an estimated price of approximately £354,691.
15 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.453 % | £285,000 | £69,691 | £354,691 |
The Postcode Pricing Model uses changes in average sales price within the M3 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 | 11.851 % | £33,774 | £318,774 |
3 Month Average | -10.118 % | £-28,837 | £256,162 |
6 Month Average | 3.894 % | £11,097 | £296,097 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2019 | £354,692 | £285,000 | BLOCK C 3-1 1 WATSON STREET |
21 Feb 2018 | £402,787 | £320,000 | BLOCK C 20-1 1 WATSON STREET |
9 Jun 2017 | £486,138 | £376,635 | APARTMENT C 6-3 GREAT NORTHERN TOWER, 1 WATSON STREET |
2 Apr 2015 | £466,257 | £315,000 | APARTMENT C11-3 GREAT NORTHERN TOWER, 1 WATSON STREET |
9 Jan 2015 | £419,160 | £280,000 | APARTMENT C7-3 GREAT NORTHERN TOWER, 1 WATSON STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Feb 2017. Using an estimated price of £354,692 means this house is valued at £4,378 per sq meter (£406 per sq foot).
The average size of a house on WATSON STREET is 75 sq meters (807 sq feet).