£244,076
This estimated value is based upon the latest sale price for the house of £240,000 on 10 Mar 2023. 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 |
|---|---|
| £240,000 | 10 Mar 2023 |
| £226,000 | 2 Nov 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £240,000 results in an estimated price of approximately £244,076.
| 10 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £240,000 | £4,076 | £244,076 |
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 | -30.108 % | £-72,258 | £167,741 |
| 3 Month Average | -0.486 % | £-1,166 | £238,833 |
| 6 Month Average | 3.330 % | £7,992 | £247,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £231,006 | £229,000 | A 15.07 BLOCK A WILBURN BASIN ORDSALL LANE |
| 24 Oct 2023 | £235,345 | £230,000 | A 8.02 BLOCK A WILBURN BASIN ORDSALL LANE |
| 3 Oct 2023 | £235,345 | £230,000 | A 13.07 BLOCK A WILBURN BASIN ORDSALL LANE |
| 15 Mar 2023 | £274,586 | £270,000 | A 16.02 BLOCK A WILBURN BASIN ORDSALL LANE |
| 10 Mar 2023 | £244,076 | £240,000 | A 11.02 BLOCK A WILBURN BASIN ORDSALL LANE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Sep 2016. Using an estimated price of £244,076 means this house is valued at £3,813 per sq meter (£354 per sq foot).
The average size of a house on ORDSALL LANE is 64 sq meters (697 sq feet).