£244,128
This estimated value is based upon the latest sale price for the house of £158,000 on 29 Nov 2007. 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 |
---|---|
£158,000 | 29 Nov 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 541 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 November 2007 the House Price Index for GREATER MANCHESTER was 95.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 54.512%.Applying this 54.512% change to the original purchase price of £158,000 results in an estimated price of approximately £244,128.
29 Nov 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 148.0 | 54.512 % | £158,000 | £86,128 | £244,128 |
The Postcode Pricing Model uses changes in average sales price within the M50 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 | -34.515 % | £-54,533 | £103,466 |
3 Month Average | -12.089 % | £-19,100 | £138,899 |
6 Month Average | -7.911 % | £-12,498 | £145,501 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £151,226 | £150,000 | APARTMENT 154 CITY LOFT, 94 THE QUAYS |
17 Aug 2021 | £153,333 | £138,000 | APARTMENT 30 CITY LOFT, 94 THE QUAYS |
15 Nov 2018 | £411,142 | £335,000 | APARTMENT 202 CITY LOFT, 94 THE QUAYS |
31 Oct 2018 | £288,423 | £235,000 | APARTMENT 96 CITY LOFT, 94 THE QUAYS |
25 Oct 2018 | £263,877 | £215,000 | APARTMENT 159 CITY LOFT, 94 THE QUAYS |
This house has a floor area of 50 sq meters or 541 sq feet when measured on 15 Dec 2008. Using an estimated price of £244,129 means this house is valued at £4,856 per sq meter (£451 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).