£218,898
This estimated value is based upon the latest sale price for the house of £157,000 on 8 Dec 2015. 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 |
---|---|
£157,000 | 8 Dec 2015 |
£122,350 | 3 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £157,000 results in an estimated price of approximately £218,898.
8 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £157,000 | £61,898 | £218,898 |
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 | 10.259 % | £16,106 | £173,106 |
3 Month Average | 19.578 % | £30,737 | £187,737 |
6 Month Average | 16.467 % | £25,853 | £182,853 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £360,000 | £360,000 | 22 HULME STREET |
17 Oct 2023 | £173,951 | £170,000 | 310 CHORLTON MILL, 3 CAMBRIDGE STREET |
11 Aug 2023 | £262,739 | £258,000 | 414 CHORLTON MILL, 3 CAMBRIDGE STREET |
27 Mar 2023 | £213,567 | £210,000 | 301 CHORLTON MILL, 3 CAMBRIDGE STREET |
17 Mar 2023 | £254,246 | £250,000 | 207 CHORLTON MILL, 3 CAMBRIDGE STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 11 Nov 2015. Using an estimated price of £218,899 means this house is valued at £3,710 per sq meter (£344 per sq foot).
The average size of a house on CAMBRIDGE STREET is 67 sq meters (731 sq feet).