£586,994
This estimated value is based upon the latest sale price for the house of £130,000 on 18 Mar 1999. 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 |
|---|---|
| £130,000 | 18 Mar 1999 |
| Terraced |
| Leasehold |
| Floor Area: 115 sq meters or 1,237 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 March 1999 the House Price Index for GREATER MANCHESTER was 33.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 351.534%.Applying this 351.534% change to the original purchase price of £130,000 results in an estimated price of approximately £586,994.
| 18 Mar 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 149.7 | 351.534 % | £130,000 | £456,994 | £586,994 |
The Postcode Pricing Model uses changes in average sales price within the M50 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 | 63.206 % | £82,167 | £212,167 |
| 3 Month Average | 197.540 % | £256,802 | £386,802 |
| 6 Month Average | 126.783 % | £164,818 | £294,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £564,325 | £550,000 | 73 MERCHANTS QUAY |
| 22 Mar 2023 | £539,001 | £530,000 | 133 MERCHANTS QUAY |
| 19 Nov 2021 | £260,395 | £239,000 | 74 MERCHANTS QUAY |
| 28 Oct 2021 | £278,667 | £250,000 | 62 MERCHANTS QUAY |
| 29 Sep 2021 | £401,661 | £370,000 | 93 MERCHANTS QUAY |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 18 Mar 2014. Using an estimated price of £586,994 means this house is valued at £5,104 per sq meter (£474 per sq foot).
The average size of a house on MERCHANTS QUAY is 101 sq meters (1,095 sq feet).