£251,822
This estimated value is based upon the latest sale price for the house of £252,500 on 26 Aug 2022. 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 |
---|---|
£252,500 | 26 Aug 2022 |
£217,000 | 19 Jan 2016 |
£170,500 | 14 Dec 2012 |
£167,000 | 26 Oct 2009 |
£152,000 | 8 Aug 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 August 2022 the House Price Index for GREATER MANCHESTER was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £252,500 results in an estimated price of approximately £251,822.
26 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £252,500 | £-677 | £251,822 |
The Postcode Pricing Model uses changes in average sales price within the M1 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 | -21.678 % | £-54,737 | £197,762 |
3 Month Average | -18.796 % | £-47,459 | £205,040 |
6 Month Average | -10.620 % | £-26,816 | £225,683 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £232,979 | £230,000 | 608 ASIA HOUSE, 82 PRINCESS STREET |
4 Sep 2023 | £263,367 | £260,000 | 613 ASIA HOUSE, 82 PRINCESS STREET |
11 Aug 2023 | £297,604 | £295,000 | 8 ASIA HOUSE, 82 PRINCESS STREET |
11 Apr 2023 | £262,830 | £260,000 | 402 ASIA HOUSE, 82 PRINCESS STREET |
3 Apr 2023 | £250,699 | £248,000 | 107 ASIA HOUSE, 82 PRINCESS STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 Aug 2021. Using an estimated price of £251,822 means this house is valued at £3,703 per sq meter (£344 per sq foot).
The average size of a house on PRINCESS STREET is 61 sq meters (656 sq feet).