£350,851
This estimated value is based upon the latest sale price for the house of £277,500 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £277,500 | 12 Jan 2018 |
| £196,227 | 31 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £277,500 results in an estimated price of approximately £350,851.
| 12 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £277,500 | £73,351 | £350,851 |
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 | -96.439 % | £-267,617 | £9,882 |
| 3 Month Average | -25.108 % | £-69,674 | £207,825 |
| 6 Month Average | -16.881 % | £-46,845 | £230,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Sep 2020 | £337,320 | £282,000 | FLAT 145 1 CAMBRIDGE STREET |
| 11 Oct 2019 | £349,620 | £283,001 | FLAT 178 1 CAMBRIDGE STREET |
| 22 May 2018 | £314,138 | £250,000 | FLAT 161 1 CAMBRIDGE STREET |
| 27 Apr 2018 | £316,888 | £252,000 | FLAT 163 1 CAMBRIDGE STREET |
| 23 Mar 2018 | £239,865 | £190,000 | FLAT 168 1 CAMBRIDGE STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Jul 2018. Using an estimated price of £350,852 means this house is valued at £5,569 per sq meter (£517 per sq foot).
The average size of a house on CAMBRIDGE STREET is 67 sq meters (731 sq feet).