£272,457
This estimated value is based upon the latest sale price for the house of £174,250 on 18 Dec 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 |
---|---|
£174,250 | 18 Dec 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 2007 the House Price Index for GREATER MANCHESTER was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £174,250 results in an estimated price of approximately £272,457.
18 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £174,250 | £98,207 | £272,457 |
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 | -9.625 % | £-16,770 | £157,479 |
3 Month Average | 23.919 % | £41,678 | £215,928 |
6 Month Average | -4.779 % | £-8,327 | £165,922 |
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 79 sq meters or 850 sq feet when measured on 19 Dec 2012. Using an estimated price of £272,458 means this house is valued at £3,448 per sq meter (£320 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).