£234,498
This estimated value is based upon the latest sale price for the house of £157,500 on 27 Feb 2015. 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 |
---|---|
£157,500 | 27 Feb 2015 |
£209,000 | 30 Jun 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 669 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 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £157,500 results in an estimated price of approximately £234,498.
27 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £157,500 | £76,998 | £234,498 |
The Postcode Pricing Model uses changes in average sales price within the M3 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 | 93.648 % | £147,496 | £304,996 |
3 Month Average | 19.469 % | £30,662 | £188,162 |
6 Month Average | 30.458 % | £47,971 | £205,471 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £193,980 | £191,000 | FLAT 5 183 WATER STREET |
23 Jun 2023 | £193,885 | £190,000 | FLAT 3A 183 WATER STREET |
30 Jan 2023 | £240,643 | £240,000 | APARTMENT 168 185 WATER STREET |
11 Nov 2022 | £167,218 | £168,000 | FLAT 3B 183 WATER STREET |
21 Oct 2022 | £244,184 | £245,000 | FLAT 4 183 WATER STREET |
This house has a floor area of 62 sq meters or 669 sq feet when measured on 11 Oct 2011. Using an estimated price of £234,499 means this house is valued at £3,771 per sq meter (£350 per sq foot).
The average size of a house on WATER STREET is 60 sq meters (649 sq feet).