£296,350
This estimated value is based upon the latest sale price for the house of £133,000 on 15 Nov 2003. 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 |
---|---|
£133,000 | 15 Nov 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 711 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 November 2003 the House Price Index for GREATER MANCHESTER was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £133,000 results in an estimated price of approximately £296,350.
15 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.2 | 149.7 | 122.820 % | £133,000 | £163,350 | £296,350 |
The Postcode Pricing Model uses changes in average sales price within the M4 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 | 194.481 % | £258,659 | £391,659 |
3 Month Average | 66.734 % | £88,756 | £221,756 |
6 Month Average | 95.017 % | £126,372 | £259,372 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £190,865 | £185,000 | FLAT 314 64 SHUDEHILL |
23 Jun 2023 | £169,905 | £166,500 | FLAT 313 64 SHUDEHILL |
6 Apr 2023 | £326,099 | £320,000 | APARTMENT 205 12 THOMAS STREET |
9 Feb 2023 | £246,648 | £245,000 | UNIT 2 64 SHUDEHILL |
26 Jan 2023 | £124,834 | £124,500 | APARTMENT 413 64 SHUDEHILL |
This house has a floor area of 66 sq meters or 711 sq feet when measured on 28 Jun 2010. Using an estimated price of £296,351 means this house is valued at £4,480 per sq meter (£416 per sq foot).
The average size of a house on THOMAS STREET is 79 sq meters (856 sq feet).