£176,403
This estimated value is based upon the latest sale price for the house of £104,000 on 14 May 2010. 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 |
---|---|
£104,000 | 14 May 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 May 2010 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £104,000 results in an estimated price of approximately £176,403.
14 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.618 % | £104,000 | £72,403 | £176,403 |
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 | -16.438 % | £-17,095 | £86,904 |
3 Month Average | 19.865 % | £20,660 | £124,660 |
6 Month Average | 43.655 % | £45,400 | £149,400 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2020 | £2,315,623 | £1,915,000 | APARTMENT 576 BLOCK 12 SPECTRUM BLACKFRIARS ROAD |
31 Jul 2020 | £2,315,623 | £1,915,000 | APARTMENT 574 BLOCK 12 SPECTRUM BLACKFRIARS ROAD |
11 Oct 2019 | £288,186 | £235,000 | APARTMENT 411 BLOCK 7 SPECTRUM BLACKFRIARS ROAD |
20 Sep 2019 | £214,719 | £175,000 | APARTMENT 373 BLOCK 7 SPECTRUM BLACKFRIARS ROAD |
8 Aug 2019 | £211,657 | £172,000 | APARTMENT 404 BLOCK 7 SPECTRUM BLACKFRIARS ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 19 Nov 2018. Using an estimated price of £176,403 means this house is valued at £4,410 per sq meter (£409 per sq foot).
The average size of a house on BLACKFRIARS ROAD is 51 sq meters (550 sq feet).