£101,407
This estimated value is based upon the latest sale price for the house of £82,000 on 30 Apr 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 |
---|---|
£82,000 | 30 Apr 2019 |
£67,500 | 27 May 2016 |
£92,500 | 21 Jul 2006 |
£45,000 | 29 Aug 2002 |
£42,500 | 31 May 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £82,000 results in an estimated price of approximately £101,407.
30 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £82,000 | £19,407 | £101,407 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 94.418 % | £77,422 | £159,422 |
3 Month Average | 22.777 % | £18,676 | £100,676 |
6 Month Average | 23.603 % | £19,354 | £101,354 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £112,438 | £111,000 | FLAT 1 14 BANKFIELD STREET |
29 Jun 2023 | £121,471 | £120,000 | FLAT 1 947 ROCHDALE ROAD |
22 Feb 2023 | £109,926 | £110,000 | FLAT 4 8 BANKFIELD STREET |
13 Jun 2022 | £131,863 | £130,000 | 21 ADA STREET |
24 May 2022 | £83,779 | £82,200 | FLAT 5 4 BANKFIELD STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 7 Mar 2016. Using an estimated price of £101,408 means this house is valued at £1,718 per sq meter (£159 per sq foot).
The average size of a house on BANKFIELD STREET is 58 sq meters (630 sq feet).