£124,570
This estimated value is based upon the latest sale price for the house of £95,000 on 16 Dec 2016. 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 |
---|---|
£95,000 | 16 Dec 2016 |
£89,000 | 25 Sep 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 2016 the House Price Index for GREATER MANCHESTER was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £95,000 results in an estimated price of approximately £124,570.
16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £95,000 | £29,570 | £124,570 |
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 | 104.408 % | £99,187 | £194,187 |
3 Month Average | 70.078 % | £66,574 | £161,574 |
6 Month Average | 45.366 % | £43,097 | £138,097 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £115,012 | £113,000 | FLAT 19 HYNDMAN COURT SHEADER DRIVE |
5 Jun 2023 | £109,324 | £108,000 | FLAT 26 ANTHISTLE COURT SHEADER DRIVE |
31 Mar 2023 | £131,236 | £130,000 | FLAT 1 HYNDMAN COURT SHEADER DRIVE |
9 Feb 2023 | £124,916 | £125,000 | FLAT 23 ANTHISTLE COURT SHEADER DRIVE |
27 Jul 2022 | £123,934 | £123,600 | FLAT 12 ANTHISTLE COURT SHEADER DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 12 Nov 2015. Using an estimated price of £124,570 means this house is valued at £2,076 per sq meter (£192 per sq foot).
The average size of a house on SHEADER DRIVE is 56 sq meters (604 sq feet).