£261,374
This estimated value is based upon the latest sale price for the house of £202,500 on 19 Jun 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 |
---|---|
£202,500 | 19 Jun 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 June 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £202,500 results in an estimated price of approximately £261,374.
19 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £202,500 | £58,874 | £261,374 |
The Postcode Pricing Model uses changes in average sales price within the M4 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 | 60.801 % | £123,121 | £325,621 |
3 Month Average | 11.396 % | £23,077 | £225,577 |
6 Month Average | 24.305 % | £49,216 | £251,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £461,720 | £450,000 | 9 COTTON HOUSE, 21 BLOSSOM STREET |
19 Sep 2023 | £400,836 | £392,000 | 6 COTTON HOUSE 21 BLOSSOM STREET |
15 Sep 2023 | £352,777 | £345,000 | APARTMENT F B 412 55 HENRY STREET |
29 Jun 2023 | £545,941 | £535,000 | FLAT 6 ALUMNI COURT, 1 COTTON STREET |
13 Jul 2022 | £240,409 | £238,000 | FLAT 13 ALUMNI COURT, 1 COTTON STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 19 Jun 2017. Using an estimated price of £261,375 means this house is valued at £4,430 per sq meter (£411 per sq foot).
The average size of a house on COTTON STREET is 81 sq meters (876 sq feet).