£286,331
This estimated value is based upon the latest sale price for the house of £239,373 on 16 Sep 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 |
---|---|
£239,373 | 16 Sep 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 September 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £239,373 results in an estimated price of approximately £286,331.
16 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £239,373 | £46,958 | £286,331 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 82.026 % | £196,349 | £435,722 |
3 Month Average | 28.967 % | £69,339 | £308,712 |
6 Month Average | 12.188 % | £29,174 | £268,547 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 May 2024 | £200,000 | £200,000 | FLAT 526 151 BOUNDARY LANE |
13 Sep 2023 | £187,125 | £183,000 | FLAT 140 151 BOUNDARY LANE |
24 Aug 2022 | £239,118 | £238,000 | FLAT 114 151 BOUNDARY LANE |
22 Sep 2021 | £273,563 | £252,000 | FLAT 235 151 BOUNDARY LANE |
23 Oct 2020 | £281,944 | £238,578 | FLAT 502 151 BOUNDARY LANE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Mar 2020. Using an estimated price of £286,331 means this house is valued at £4,149 per sq meter (£385 per sq foot).
The average size of a house on BOUNDARY LANE is 62 sq meters (671 sq feet).