£280,645
This estimated value is based upon the latest sale price for the house of £198,000 on 27 Oct 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 |
---|---|
£198,000 | 27 Oct 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 795 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 October 2015 the House Price Index for GREATER MANCHESTER was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £198,000 results in an estimated price of approximately £280,645.
27 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £198,000 | £82,645 | £280,645 |
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 | 61.280 % | £121,335 | £319,335 |
3 Month Average | 85.711 % | £169,707 | £367,707 |
6 Month Average | 43.088 % | £85,314 | £283,314 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £153,067 | £150,000 | APARTMENT 154 CITY LOFT, 94 THE QUAYS |
15 Oct 2021 | £154,382 | £138,500 | APARTMENT 193 CITY LOFT, 94 THE QUAYS |
6 Nov 2020 | £297,824 | £255,000 | APARTMENT 107 CITY LOFT, 94 THE QUAYS |
10 Jan 2020 | £249,435 | £203,000 | APARTMENT 3 CITY LOFTS, 94 THE QUAYS |
4 Jul 2019 | £242,288 | £195,000 | APARTMENT 195 CITY LOFTS, 94 THE QUAYS |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 18 Jan 2010. Using an estimated price of £280,646 means this house is valued at £3,795 per sq meter (£352 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).