£186,793
This estimated value is based upon the latest sale price for the house of £150,000 on 10 May 2019. 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 |
|---|---|
| £150,000 | 10 May 2019 |
| £134,955 | 31 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 628 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 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £150,000 results in an estimated price of approximately £186,793.
| 10 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £150,000 | £36,793 | £186,793 |
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 | 12.967 % | £19,450 | £169,450 |
| 3 Month Average | 23.515 % | £35,273 | £185,273 |
| 6 Month Average | 23.228 % | £34,841 | £184,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £177,000 | £177,000 | APARTMENT 27 ADAMSON HOUSE, 4 ELMIRA WAY |
| 19 Mar 2024 | £177,731 | £175,000 | APARTMENT 40 ADAMSON HOUSE, 4 ELMIRA WAY |
| 20 Oct 2023 | £179,067 | £175,000 | APARTMENT 36 EGERTON HOUSE, 3 ELMIRA WAY |
| 16 Jun 2023 | £171,436 | £168,000 | APARTMENT 39 ADAMSON HOUSE, 4 ELMIRA WAY |
| 25 Nov 2022 | £207,032 | £208,000 | APARTMENT 43 GILBERT HOUSE, 2 ELMIRA WAY |
This house has a floor area of 58 sq meters or 628 sq feet when measured on 29 Jun 2009. Using an estimated price of £186,793 means this house is valued at £3,198 per sq meter (£297 per sq foot).
The average size of a house on ELMIRA WAY is 60 sq meters (646 sq feet).