£195,526
This estimated value is based upon the latest sale price for the house of £94,950 on 1 Apr 2004. 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 |
---|---|
£94,950 | 1 Apr 2004 |
£94,950 | 1 Apr 2004 |
£57,000 | 27 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 85 sq meters or 914 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 April 2004 the House Price Index for GREATER MANCHESTER was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £94,950 results in an estimated price of approximately £195,526.
1 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 149.7 | 105.925 % | £94,950 | £100,576 | £195,526 |
The Postcode Pricing Model uses changes in average sales price within the M5 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 | 164.315 % | £156,016 | £250,966 |
3 Month Average | 147.796 % | £140,332 | £235,282 |
6 Month Average | 170.093 % | £161,502 | £256,452 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £205,000 | £205,000 | 15 CARDIGAN STREET |
1 Dec 2023 | £268,243 | £260,000 | 22 PEMBROKE STREET |
6 Oct 2023 | £144,788 | £141,500 | FLAT 2 DARLEY HOUSE MY STREET |
29 Sep 2023 | £143,156 | £140,000 | FLAT 2 STOWELL HOUSE MY STREET |
16 Jan 2023 | £230,616 | £230,000 | 5 CARDIGAN STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 Feb 2014. Using an estimated price of £195,526 means this house is valued at £2,300 per sq meter (£213 per sq foot).
The average size of a house on MY STREET is 85 sq meters (918 sq feet).