£260,395
This estimated value is based upon the latest sale price for the house of £239,000 on 19 Nov 2021. 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 |
|---|---|
| £239,000 | 19 Nov 2021 |
| £175,000 | 22 Feb 2010 |
| £67,800 | 11 Nov 1998 |
| £59,950 | 11 Nov 1998 |
| £65,000 | 9 Jul 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £239,000 results in an estimated price of approximately £260,395.
| 19 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £239,000 | £21,395 | £260,395 |
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 | -69.625 % | £-166,403 | £72,596 |
| 3 Month Average | -15.077 % | £-36,034 | £202,965 |
| 6 Month Average | -22.603 % | £-54,022 | £184,977 |
| 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 69 sq meters or 742 sq feet when measured on 17 Aug 2020. Using an estimated price of £260,395 means this house is valued at £3,773 per sq meter (£350 per sq foot).
The average size of a house on MERCHANTS QUAY is 101 sq meters (1,095 sq feet).