£289,608
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Jan 2017. 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 |
---|---|
£220,000 | 5 Jan 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 January 2017 the House Price Index for GREATER MANCHESTER was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £220,000 results in an estimated price of approximately £289,608.
5 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £220,000 | £69,608 | £289,608 |
The Postcode Pricing Model uses changes in average sales price within the M3 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 | 1.976 % | £4,346 | £224,346 |
3 Month Average | -0.711 % | £-1,563 | £218,436 |
6 Month Average | 10.998 % | £24,195 | £244,195 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2019 | £177,991 | £144,000 | APARTMENT 133 TEMPUS TOWER, 9 MIRABEL STREET |
13 Aug 2019 | £251,654 | £203,000 | APARTMENT 130 TEMPUS TOWER, 9 MIRABEL STREET |
18 Jul 2019 | £329,264 | £265,000 | APARTMENT 71 9 MIRABEL STREET |
14 Feb 2019 | £167,996 | £135,000 | APARTMENT 31 9 MIRABEL STREET |
6 Nov 2018 | £170,194 | £137,100 | APARTMENT 109 9 MIRABEL STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 27 Oct 2016. Using an estimated price of £289,608 means this house is valued at £4,022 per sq meter (£373 per sq foot).
The average size of a house on MIRABEL STREET is 64 sq meters (690 sq feet).