£311,883
This estimated value is based upon the latest sale price for the house of £232,500 on 28 Jul 2016. 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 |
|---|---|
| £232,500 | 28 Jul 2016 |
| £180,000 | 14 Sep 2007 |
| £137,000 | 11 Jan 2002 |
| £86,950 | 21 Jun 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 July 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £232,500 results in an estimated price of approximately £311,883.
| 28 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £232,500 | £79,383 | £311,883 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 24.467 % | £56,886 | £289,386 |
| 3 Month Average | 33.752 % | £78,473 | £310,973 |
| 6 Month Average | 41.373 % | £96,192 | £328,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £280,000 | £280,000 | FLAT 3 ASHTON HOUSE, 21 SLATE WHARF |
| 17 Nov 2023 | £189,818 | £185,000 | FLAT 16 ROCHDALE HOUSE, 19 SLATE WHARF |
| 29 Sep 2023 | £293,469 | £287,000 | FLAT 15 SHIP CANAL HOUSE, 29 SLATE WHARF |
| 7 Nov 2022 | £282,678 | £284,000 | FLAT 16 SHIP CANAL HOUSE, 29 SLATE WHARF |
| 18 Jul 2022 | £317,178 | £314,000 | FLAT 7 SHIP CANAL HOUSE, 25 SLATE WHARF |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 23 Apr 2016. Using an estimated price of £311,883 means this house is valued at £4,520 per sq meter (£419 per sq foot).
The average size of a house on SLATE WHARF is 61 sq meters (667 sq feet).