£212,933
This estimated value is based upon the latest sale price for the house of £124,100 on 28 Sep 2006. 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 |
---|---|
£124,100 | 28 Sep 2006 |
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 September 2006 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £124,100 results in an estimated price of approximately £212,933.
28 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.582 % | £124,100 | £88,833 | £212,933 |
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 | 61.790 % | £76,681 | £200,781 |
3 Month Average | 21.228 % | £26,344 | £150,444 |
6 Month Average | 32.140 % | £39,885 | £163,985 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2021 | £226,982 | £210,000 | APARTMENT 36 TEMPUS TOWER, 9 MIRABEL STREET |
24 Sep 2020 | £130,981 | £109,500 | APARTMENT 85 TEMPUS TOWER, 9 MIRABEL STREET |
18 Jul 2019 | £329,264 | £265,000 | APARTMENT 71 9 MIRABEL STREET |
1 Feb 2019 | £199,106 | £160,000 | APARTMENT 62 9 MIRABEL STREET |
15 Aug 2018 | £192,516 | £154,500 | APARTMENT 84 9 MIRABEL STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 14 Mar 2014. Using an estimated price of £212,933 means this house is valued at £4,258 per sq meter (£395 per sq foot).
The average size of a house on MIRABEL STREET is 64 sq meters (690 sq feet).