£304,335
This estimated value is based upon the latest sale price for the house of £263,218 on 4 Dec 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 |
---|---|
£263,218 | 4 Dec 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £263,218 results in an estimated price of approximately £304,335.
4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £263,218 | £41,117 | £304,335 |
The Postcode Pricing Model uses changes in average sales price within the M5 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 | -2.879 % | £-7,576 | £255,641 |
3 Month Average | -21.480 % | £-56,538 | £206,679 |
6 Month Average | -14.452 % | £-38,039 | £225,178 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £311,875 | £305,000 | APARTMENT 1006 BLOCK A, 2 HULME STREET |
14 Sep 2022 | £110,926 | £111,000 | APARTMENT 202 TRANSPORT HOUSE, 1 CRESCENT |
7 Feb 2022 | £121,493 | £115,000 | APARTMENT 106 TRANSPORT HOUSE, 1 CRESCENT |
15 Nov 2021 | £403,122 | £370,000 | 31 OLDFIELD ROAD |
30 Apr 2021 | £248,552 | £218,500 | APARTMENT 1304 BLOCK A, 2 HULME STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 24 Aug 2020. Using an estimated price of £304,335 means this house is valued at £4,611 per sq meter (£428 per sq foot).
The average size of a house on HULME STREET is 64 sq meters (695 sq feet).