£283,570
This estimated value is based upon the latest sale price for the house of £231,000 on 27 Apr 2020. 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 |
---|---|
£231,000 | 27 Apr 2020 |
£231,000 | 27 Apr 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 April 2020 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £231,000 results in an estimated price of approximately £283,570.
27 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.758 % | £231,000 | £52,570 | £283,570 |
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 | -53.250 % | £-123,007 | £107,992 |
3 Month Average | -9.088 % | £-20,992 | £210,007 |
6 Month Average | -7.094 % | £-16,387 | £214,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £187,780 | £185,000 | APARTMENT 481 BLOCK 9 SPECTRUM BLACKFRIARS ROAD |
18 Dec 2020 | £267,417 | £233,000 | APARTMENT 537 BLOCK 11 SPECTRUM BLACKFRIARS ROAD |
30 Jun 2020 | £1,548,586 | £1,278,750 | 28 KING STREET |
30 Jun 2020 | £1,548,586 | £1,278,750 | 49 QUEEN STREET |
30 Apr 2020 | £2,298,028 | £1,872,000 | 55 QUEEN STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 9 Jun 2020. Using an estimated price of £283,571 means this house is valued at £4,232 per sq meter (£393 per sq foot).
The average size of a house on BLACKFRIARS ROAD is 51 sq meters (550 sq feet).