£264,601
This estimated value is based upon the latest sale price for the house of £205,000 on 15 Jun 2017. 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 |
---|---|
£205,000 | 15 Jun 2017 |
£160,000 | 11 Dec 2009 |
£172,000 | 19 Feb 2007 |
£125,840 | 20 Sep 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 78 sq meters or 839 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 June 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £205,000 results in an estimated price of approximately £264,601.
15 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £205,000 | £59,601 | £264,601 |
The Postcode Pricing Model uses changes in average sales price within the M1 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 | -29.159 % | £-59,775 | £145,224 |
3 Month Average | -22.672 % | £-46,478 | £158,521 |
6 Month Average | 0.472 % | £967 | £205,967 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £247,146 | £245,000 | APARTMENT 38 LOCKES YARD, 4 GREAT MARLBOROUGH STREET |
15 Sep 2023 | £281,199 | £275,000 | FLAT 31 CAMBRIDGE MILL, 5 CAMBRIDGE STREET |
26 Apr 2023 | £180,883 | £177,500 | FLAT 30 CAMBRIDGE MILL, 5 CAMBRIDGE STREET |
5 Apr 2023 | £168,145 | £165,000 | FLAT 44 CAMBRIDGE MILL, 5 CAMBRIDGE STREET |
14 Apr 2022 | £160,800 | £155,000 | FLAT 8 SALLYS YARD, 9 HULME STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Jul 2020. Using an estimated price of £264,602 means this house is valued at £3,392 per sq meter (£315 per sq foot).
The average size of a house on CAMBRIDGE STREET is 67 sq meters (731 sq feet).