£503,890
This estimated value is based upon the latest sale price for the house of £405,895 on 19 Oct 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 |
|---|---|
| £405,895 | 19 Oct 2018 |
| Flats/Maisonettes |
| Leasehold |
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 October 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 24.143%.Applying this 24.143% change to the original purchase price of £405,895 results in an estimated price of approximately £503,890.
| 19 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £405,895 | £97,995 | £503,890 |
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 | -6.724 % | £-27,292 | £378,602 |
| 3 Month Average | 18.566 % | £75,358 | £481,253 |
| 6 Month Average | 12.958 % | £52,597 | £458,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2022 | £304,796 | £305,000 | C G.08 BLOCK C WILBURN BASIN ORDSALL LANE |
| 30 Jun 2021 | £291,834 | £270,000 | C 4.03 BLOCK C WILBURN BASIN ORDSALL LANE |
| 10 Sep 2020 | £230,257 | £192,495 | BLOCK C UNIT 118 BRIDGEWATER WHARF ORDSALL LANE |
| 24 Oct 2019 | £268,693 | £217,495 | BLOCK C UNIT 505 BRIDGEWATER WHARF ORDSALL LANE |
| 18 Oct 2019 | £179,127 | £144,995 | BLOCK C UNIT 116 BRIDGEWATER WHARF ORDSALL LANE |