£363,866
This estimated value is based upon the latest sale price for the house of £225,000 on 30 Jun 2008. 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 |
|---|---|
| £225,000 | 30 Jun 2008 |
| £250,000 | 15 May 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 2008 the House Price Index for GREATER MANCHESTER was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £225,000 results in an estimated price of approximately £363,866.
| 30 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.719 % | £225,000 | £138,866 | £363,866 |
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 | 24.802 % | £55,805 | £280,805 |
| 3 Month Average | 24.187 % | £54,419 | £279,419 |
| 6 Month Average | 29.337 % | £66,009 | £291,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £266,153 | £262,750 | APARTMENT 602 BARNFIELD HOUSE, 1 SALFORD APPROACH |
| 8 Sep 2023 | £159,540 | £157,500 | APARTMENT 208 BARNFIELD HOUSE, 1 SALFORD APPROACH |
| 9 Aug 2023 | £110,971 | £110,000 | APARTMENT 20 BLOCK 1 SPECTRUM BLACKFRIARS ROAD |
| 20 Feb 2023 | £224,849 | £225,000 | APARTMENT 407 BARNFIELD HOUSE, 1 SALFORD APPROACH |
| 25 Nov 2022 | £203,535 | £206,000 | APARTMENT 107 BARNFIELD HOUSE, 1 SALFORD APPROACH |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 28 Sep 2012. Using an estimated price of £363,867 means this house is valued at £4,280 per sq meter (£397 per sq foot).
The average size of a house on SALFORD APPROACH is 61 sq meters (665 sq feet).