£3,515,918
This estimated value is based upon the latest sale price for the house of £2,700,000 on 12 Apr 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 |
---|---|
£2,700,000 | 12 Apr 2017 |
Freehold |
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 April 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £2,700,000 results in an estimated price of approximately £3,515,918.
12 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £2,700,000 | £815,918 | £3,515,918 |
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 | 183.766 % | £4,961,692 | £7,661,692 |
3 Month Average | -3.966 % | £-107,077 | £2,592,922 |
6 Month Average | -2.010 % | £-54,279 | £2,645,720 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £2,640,570 | £2,600,000 | 118 - 124 DEANSGATE |
20 Dec 2023 | £1,960,234 | £1,900,000 | 12 SOUTHGATE |
21 Aug 2023 | £346,245 | £340,000 | FLAT 17 8 KING STREET |
17 Apr 2023 | £4,178,149 | £4,100,000 | LANCASTER BUILDINGS, 77 DEANSGATE |
29 Mar 2023 | £76,273,781 | £75,000,000 | NATIONAL CAR PARKS LTD KING STREET WEST |