£218,090
This estimated value is based upon the latest sale price for the house of £172,495 on 11 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 |
|---|---|
| £172,495 | 11 Jan 2018 |
| Flats/Maisonettes |
| Leasehold |
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 £172,495 results in an estimated price of approximately £218,090.
| 11 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £172,495 | £45,595 | £218,090 |
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 % | £-100,644 | £71,850 |
| 3 Month Average | 18.255 % | £31,488 | £203,983 |
| 6 Month Average | 8.593 % | £14,821 | £187,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2018 | £420,939 | £334,995 | APARTMENT 006 HERRESHOFF APARTMENTS FORTIS QUAY |
| 11 May 2018 | £402,090 | £319,995 | APARTMENT 703 HERRESHOFF APARTMENTS FORTIS QUAY |
| 16 Mar 2018 | £413,445 | £327,495 | APARTMENT 1101 DANFORTH APARTMENTS FORTIS QUAY |
| 31 Jan 2018 | £303,433 | £239,995 | UNIT 2 DANFORTH APARTMENTS FORTIS QUAY |
| 15 Jan 2018 | £214,930 | £169,995 | APARTMENT 1002 DANFORTH APARTMENTS FORTIS QUAY |