£188,468
This estimated value is based upon the latest sale price for the house of £176,000 on 30 May 2022. 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 |
---|---|
£176,000 | 30 May 2022 |
£165,000 | 10 Dec 2019 |
£145,390 | 3 Oct 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 May 2022 the House Price Index for GREATER MANCHESTER was 97.4.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 7.084%.Applying this 7.084% change to the original purchase price of £176,000 results in an estimated price of approximately £188,468.
30 May 2022 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.4 | 104.3 | 7.084 % | £176,000 | £12,468 | £188,468 |
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 | 102.479 % | £180,362 | £356,362 |
3 Month Average | 11.149 % | £19,621 | £195,621 |
6 Month Average | 6.879 % | £12,106 | £188,106 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2024 | £190,678 | £183,000 | APARTMENT 28 EGERTON HOUSE, 3 ELMIRA WAY |
10 Oct 2024 | £139,622 | £134,000 | APARTMENT 15 EGERTON HOUSE, 3 ELMIRA WAY |
7 Aug 2024 | £192,214 | £183,000 | APARTMENT 12 EGERTON HOUSE, 3 ELMIRA WAY |
4 Dec 2023 | £193,457 | £180,102 | APARTMENT 38 ADAMSON HOUSE, 4 ELMIRA WAY |
3 May 2023 | £190,793 | £180,000 | APARTMENT 11 GILBERT HOUSE, 2 ELMIRA WAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 19 Nov 2012. Using an estimated price of £188,468 means this house is valued at £3,306 per sq meter (£307 per sq foot).
The average size of a house on ELMIRA WAY is 60 sq meters (646 sq feet).