£278,152
This estimated value is based upon the latest sale price for the house of £220,000 on 16 Jan 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 |
---|---|
£220,000 | 16 Jan 2018 |
£219,000 | 31 Jul 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 861 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 January 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £220,000 results in an estimated price of approximately £278,152.
16 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £220,000 | £58,152 | £278,152 |
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 | -58.346 % | £-128,362 | £91,637 |
3 Month Average | 18.255 % | £40,160 | £260,160 |
6 Month Average | 8.593 % | £18,903 | £238,903 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £153,067 | £150,000 | APARTMENT 154 CITY LOFT, 94 THE QUAYS |
17 Aug 2021 | £155,095 | £138,000 | APARTMENT 30 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 LOFT, 94 THE QUAYS |
22 Feb 2019 | £273,771 | £220,000 | APARTMENT 17 CITY LOFT, 94 THE QUAYS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Mar 2020. Using an estimated price of £278,153 means this house is valued at £3,476 per sq meter (£323 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).