£185,328
This estimated value is based upon the latest sale price for the house of £180,500 on 5 May 2022. 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 |
---|---|
£180,500 | 5 May 2022 |
£155,000 | 31 May 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 2022 the House Price Index for GREATER MANCHESTER was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £180,500 results in an estimated price of approximately £185,328.
5 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £180,500 | £4,828 | £185,328 |
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 | 28.858 % | £52,089 | £232,589 |
3 Month Average | 12.646 % | £22,825 | £203,325 |
6 Month Average | 6.514 % | £11,757 | £192,257 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £193,960 | £188,000 | FLAT 25 CHORLTON HEIGHT, 615C WILBRAHAM ROAD |
1 Dec 2023 | £335,303 | £325,000 | FLAT 7 DENBIGH VILLAS, 57 - 59 HIGH LANE |
31 Oct 2023 | £319,762 | £312,500 | FLAT 5 DENBIGH VILLAS, 57 - 59 HIGH LANE |
15 Jun 2023 | £329,095 | £322,500 | FLAT 4 4 YORK ROAD |
21 Apr 2023 | £173,240 | £170,000 | 7 BRABHAM CLOSE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 12 Feb 2019. Using an estimated price of £185,328 means this house is valued at £4,309 per sq meter (£400 per sq foot).
The average size of a house on YORK ROAD is 67 sq meters (731 sq feet).