£299,542
This estimated value is based upon the latest sale price for the house of £165,000 on 15 Dec 2005. 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 |
---|---|
£165,000 | 15 Dec 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 December 2005 the House Price Index for GREATER MANCHESTER was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £165,000 results in an estimated price of approximately £299,542.
15 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £165,000 | £134,542 | £299,542 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | 97.501 % | £160,876 | £325,876 |
3 Month Average | 79.226 % | £130,722 | £295,722 |
6 Month Average | 65.993 % | £108,888 | £273,888 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £232,912 | £227,000 | APARTMENT 99 8 ROMANA SQUARE |
12 Sep 2023 | £204,508 | £200,000 | APARTMENT 43 5 ROMANA SQUARE |
14 Aug 2023 | £222,004 | £218,000 | APARTMENT 106 9 ROMANA SQUARE |
4 Aug 2023 | £659,902 | £648,000 | 27 PARK AVENUE |
30 Jun 2023 | £374,505 | £367,000 | APARTMENT 11 2 ROMANA SQUARE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 11 Apr 2018. Using an estimated price of £299,542 means this house is valued at £5,651 per sq meter (£525 per sq foot).
The average size of a house on ROMANA SQUARE is 74 sq meters (802 sq feet).