£223,449
This estimated value is based upon the latest sale price for the house of £180,000 on 14 Nov 2018. 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 |
---|---|
£180,000 | 14 Nov 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 November 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £180,000 results in an estimated price of approximately £223,449.
14 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £180,000 | £43,449 | £223,449 |
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 | 70.512 % | £126,921 | £306,921 |
3 Month Average | -1.559 % | £-2,806 | £177,193 |
6 Month Average | -2.976 % | £-5,356 | £174,643 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Aug 2020 | £157,032 | £130,000 | APARTMENT 2701 BEETHAM TOWER, 301 DEANSGATE |
18 Feb 2020 | £431,391 | £350,000 | APARTMENT 4204 BEETHAM TOWER, 301 DEANSGATE |
3 Oct 2019 | £423,742 | £343,000 | APARTMENT 3010 BEETHAM TOWER, 301 DEANSGATE |
8 Aug 2019 | £123,967 | £100,000 | APARTMENT 4401 BEETHAM TOWER, 301 DEANSGATE |
12 Apr 2019 | £448,500 | £360,000 | APARTMENT 2703 BEETHAM TOWER, 301 DEANSGATE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 11 Oct 2018. Using an estimated price of £223,450 means this house is valued at £4,381 per sq meter (£407 per sq foot).
The average size of a house on DEANSGATE is 80 sq meters (863 sq feet).