£337,622
This estimated value is based upon the latest sale price for the house of £115,000 on 2 May 2002. 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 |
|---|---|
| £115,000 | 2 May 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 May 2002 the House Price Index for GREATER MANCHESTER was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £115,000 results in an estimated price of approximately £337,622.
| 2 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £115,000 | £222,622 | £337,622 |
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 | 55.699 % | £64,054 | £179,054 |
| 3 Month Average | 13.333 % | £15,332 | £130,332 |
| 6 Month Average | 40.807 % | £46,927 | £161,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £320,859 | £311,000 | FLAT 109 1 DEANSGATE |
| 1 Nov 2023 | £335,004 | £326,500 | FLAT 604 1 DEANSGATE |
| 24 Feb 2023 | £11,652,841 | £11,575,000 | MAYBROOK HOUSE, 40 BLACKFRIARS STREET |
| 22 Feb 2023 | £3,875,891 | £3,850,000 | SPEAKERS HOUSE, 39 DEANSGATE |
| 21 Sep 2022 | £349,766 | £350,000 | FLAT 208 1 DEANSGATE |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 9 Jun 2021. Using an estimated price of £337,623 means this house is valued at £10,550 per sq meter (£980 per sq foot).
The average size of a house on DEANSGATE is 80 sq meters (863 sq feet).