£355,428
This estimated value is based upon the latest sale price for the house of £270,000 on 31 Jan 2017. 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 |
|---|---|
| £270,000 | 31 Jan 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 January 2017 the House Price Index for GREATER MANCHESTER was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £270,000 results in an estimated price of approximately £355,428.
| 31 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £270,000 | £85,428 | £355,428 |
The Postcode Pricing Model uses changes in average sales price within the M1 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 | -4.622 % | £-12,478 | £257,521 |
| 3 Month Average | -2.963 % | £-8,000 | £261,999 |
| 6 Month Average | -11.003 % | £-29,707 | £240,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £177,558 | £174,000 | FLAT 14 71 BOUNDARY LANE |
| 16 Mar 2023 | £183,057 | £180,000 | FLAT 12 71 BOUNDARY LANE |
| 16 Jan 2023 | £195,522 | £195,000 | FLAT 104 1 CAMBRIDGE STREET |
| 17 Dec 2021 | £361,568 | £335,000 | FLAT 102 1 CAMBRIDGE STREET |
| 12 Jul 2021 | £200,295 | £173,000 | 31 CONMERE SQUARE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 Jul 2018. Using an estimated price of £355,429 means this house is valued at £5,226 per sq meter (£485 per sq foot).
The average size of a house on CAMBRIDGE STREET is 67 sq meters (731 sq feet).