£289,052
This estimated value is based upon the latest sale price for the house of £250,000 on 2 Dec 2020. 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 |
|---|---|
| £250,000 | 2 Dec 2020 |
| £210,000 | 17 Dec 2012 |
| £201,000 | 2 Sep 2005 |
| £79,863 | 23 Dec 2004 |
| £160,000 | 10 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £250,000 results in an estimated price of approximately £289,052.
| 2 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £250,000 | £39,052 | £289,052 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | -5.826 % | £-14,564 | £235,435 |
| 3 Month Average | -0.283 % | £-708 | £249,291 |
| 6 Month Average | 7.362 % | £18,404 | £268,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £273,000 | £273,000 | FLAT 3 130 PALATINE ROAD |
| 26 Apr 2024 | £302,628 | £300,000 | FLAT 5 120 PALATINE ROAD |
| 2 Oct 2023 | £342,785 | £335,000 | FLAT 14 THE RESIDENCE 116-118 PALATINE ROAD |
| 15 Jun 2023 | £303,074 | £297,000 | FLAT 3 PALATINE MANSIONS, 124 - 126 PALATINE ROAD |
| 28 Apr 2023 | £270,051 | £265,000 | FLAT 3 THE RESIDENCE 116-118 PALATINE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Jul 2012. Using an estimated price of £289,052 means this house is valued at £3,613 per sq meter (£335 per sq foot).
The average size of a house on PALATINE ROAD is 80 sq meters (868 sq feet).