£99,579
This estimated value is based upon the latest sale price for the house of £47,000 on 20 Feb 2004. 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 |
---|---|
£47,000 | 20 Feb 2004 |
Detached |
Leasehold |
Floor Area: 57 sq meters or 613 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 February 2004 the House Price Index for GREATER MANCHESTER was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £47,000 results in an estimated price of approximately £99,579.
20 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 148.6 | 111.871 % | £47,000 | £52,579 | £99,579 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -16.587 % | £-7,795 | £39,204 |
3 Month Average | 224.631 % | £105,576 | £152,576 |
6 Month Average | 307.865 % | £144,696 | £191,696 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £54,000 | £54,000 | APARTMENT 1005 CITY VIEW HIGHCLERE AVENUE |
22 Sep 2023 | £81,036 | £80,000 | APARTMENT 1202 CITY VIEW HIGHCLERE AVENUE |
29 Aug 2023 | £75,662 | £75,000 | APARTMENT 1401 CITY VIEW HIGHCLERE AVENUE |
15 Aug 2023 | £93,821 | £93,000 | APARTMENT 1304 CITY VIEW HIGHCLERE AVENUE |
16 Jun 2023 | £65,797 | £65,000 | APARTMENT 806 CITY VIEW HIGHCLERE AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 14 Dec 2015. Using an estimated price of £99,579 means this house is valued at £1,747 per sq meter (£162 per sq foot).
The average size of a house on TANSEY GROVE is 68 sq meters (731 sq feet).