£250,619
This estimated value is based upon the latest sale price for the house of £155,000 on 18 Dec 2013. 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 |
---|---|
£155,000 | 18 Dec 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 December 2013 the House Price Index for GREATER MANCHESTER was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £155,000 results in an estimated price of approximately £250,619.
18 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £155,000 | £95,619 | £250,619 |
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 | 78.862 % | £122,236 | £277,236 |
3 Month Average | 34.904 % | £54,101 | £209,101 |
6 Month Average | 42.995 % | £66,642 | £221,642 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2023 | £181,130 | £177,500 | APARTMENT 3604 BEETHAM TOWER, 301 DEANSGATE |
13 Oct 2017 | £699,238 | £550,000 | APARTMENT 4504 BEETHAM TOWER, 301 DEANSGATE |
10 Feb 2015 | £275,443 | £185,000 | APARTMENT 3406 BEETHAM TOWER, 301 DEANSGATE |
17 Dec 2014 | £435,740 | £290,000 | APARTMENT 2608 BEETHAM TOWER, 301 DEANSGATE |
27 Mar 2014 | £394,843 | £249,000 | APARTMENT 2908 BEETHAM TOWER, 301 DEANSGATE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 26 Mar 2013. Using an estimated price of £250,619 means this house is valued at £4,475 per sq meter (£415 per sq foot).
The average size of a house on DEANSGATE is 80 sq meters (863 sq feet).