£173,240
This estimated value is based upon the latest sale price for the house of £170,000 on 21 Apr 2023. 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 |
---|---|
£170,000 | 21 Apr 2023 |
£291,500 | 2 May 2019 |
£166,500 | 11 Apr 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 95 sq meters or 1,022 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 April 2023 the House Price Index for GREATER MANCHESTER was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £170,000 results in an estimated price of approximately £173,240.
21 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 149.7 | 1.906 % | £170,000 | £3,240 | £173,240 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | 134.998 % | £229,496 | £399,496 |
3 Month Average | -3.600 % | £-6,120 | £163,879 |
6 Month Average | -6.062 % | £-10,306 | £159,693 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £193,960 | £188,000 | FLAT 25 CHORLTON HEIGHT, 615C WILBRAHAM ROAD |
15 Jun 2023 | £329,095 | £322,500 | FLAT 4 4 YORK ROAD |
21 Apr 2023 | £173,240 | £170,000 | 7 BRABHAM CLOSE |
21 Mar 2023 | £279,671 | £275,000 | FLAT 1 12 YORK ROAD |
16 Sep 2022 | £9,993 | £10,000 | 613A WILBRAHAM ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 18 Apr 2016. Using an estimated price of £173,240 means this house is valued at £1,823 per sq meter (£169 per sq foot).
There is one other house on the street which we know the size of, this is 6 BRABHAM CLOSE it is 76.0