£219,848
This estimated value is based upon the latest sale price for the house of £149,522 on 8 May 2015. 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 |
|---|---|
| £149,522 | 8 May 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £149,522 results in an estimated price of approximately £219,848.
| 8 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £149,522 | £70,326 | £219,848 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 40.841 % | £61,066 | £210,588 |
| 3 Month Average | 82.775 % | £123,766 | £273,288 |
| 6 Month Average | 73.600 % | £110,048 | £259,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2024 | £180,000 | £180,000 | FLAT 23 HILL QUAYS, 8 COMMERCIAL STREET |
| 4 Oct 2024 | £257,500 | £257,500 | FLAT 81 HILL QUAYS, 8 COMMERCIAL STREET |
| 18 Sep 2024 | £245,000 | £245,000 | FLAT 94 HILL QUAYS, 8 COMMERCIAL STREET |
| 16 Sep 2024 | £242,000 | £242,000 | FLAT 93 HILL QUAYS, 8 COMMERCIAL STREET |
| 19 Jul 2024 | £250,000 | £250,000 | FLAT 105 HILL QUAYS, 8 COMMERCIAL STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 4 Mar 2015. Using an estimated price of £219,849 means this house is valued at £4,396 per sq meter (£408 per sq foot).
The average size of a house on COMMERCIAL STREET is 67 sq meters (725 sq feet).