£88,020
This estimated value is based upon the latest sale price for the house of £51,000 on 15 Apr 2011. 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 |
|---|---|
| £51,000 | 15 Apr 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 543 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 April 2011 the House Price Index for GREATER MANCHESTER was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £51,000 results in an estimated price of approximately £88,020.
| 15 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £51,000 | £37,020 | £88,020 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 106.792 % | £54,463 | £105,463 |
| 3 Month Average | 96.142 % | £49,032 | £100,032 |
| 6 Month Average | 115.546 % | £58,928 | £109,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £162,497 | £160,000 | FLAT 70 THORNE HOUSE WILMSLOW ROAD |
| 20 Apr 2023 | £152,859 | £150,000 | FLAT 73 APPLEBY LODGE WILMSLOW ROAD |
| 10 Mar 2023 | £127,123 | £125,000 | FLAT 53 APPLEBY LODGE WILMSLOW ROAD |
| 18 Jan 2023 | £125,335 | £125,000 | FLAT 54 THORNE HOUSE WILMSLOW ROAD |
| 25 Apr 2022 | £264,543 | £255,000 | FLAT 66 THORNE HOUSE WILMSLOW ROAD |
This house has a floor area of 50 sq meters or 543 sq feet when measured on 2 Mar 2011. Using an estimated price of £88,020 means this house is valued at £1,742 per sq meter (£161 per sq foot).
The average size of a house on WILMSLOW ROAD is 67 sq meters (722 sq feet).