£205,871
This estimated value is based upon the latest sale price for the house of £156,250 on 11 Nov 2016. 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 |
---|---|
£156,250 | 11 Nov 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £156,250 results in an estimated price of approximately £205,871.
11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £156,250 | £49,621 | £205,871 |
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 | 93.938 % | £146,777 | £303,027 |
3 Month Average | 29.445 % | £46,008 | £202,258 |
6 Month Average | 35.612 % | £55,644 | £211,894 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £101,295 | £100,000 | APARTMENT 402 6 LUDGATE HILL |
31 Jul 2023 | £134,814 | £133,000 | APARTMENT 306 6 LUDGATE HILL |
11 Dec 2020 | £169,862 | £148,000 | APARTMENT 203 6 LUDGATE HILL |
26 Feb 2020 | £163,948 | £134,000 | APARTMENT 3 6 LUDGATE HILL |
18 Feb 2020 | £132,137 | £108,000 | APARTMENT 411 6 LUDGATE HILL |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 2 Nov 2015. Using an estimated price of £205,871 means this house is valued at £3,320 per sq meter (£308 per sq foot).
The average size of a house on LUDGATE HILL is 60 sq meters (654 sq feet).