£117,527
This estimated value is based upon the latest sale price for the house of £68,500 on 2 Aug 2012. 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 |
---|---|
£68,500 | 2 Aug 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 August 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £68,500 results in an estimated price of approximately £117,527.
2 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.573 % | £68,500 | £49,027 | £117,527 |
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 | 50.534 % | £34,615 | £103,115 |
3 Month Average | 124.863 % | £85,530 | £154,030 |
6 Month Average | 59.636 % | £40,850 | £109,350 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £125,000 | £125,000 | APARTMENT 130 LADYWELL POINT PILGRIMS WAY |
9 Oct 2023 | £135,068 | £132,000 | APARTMENT 254 LADYWELL POINT PILGRIMS WAY |
29 Sep 2023 | £124,750 | £122,000 | APARTMENT 135 LADYWELL POINT PILGRIMS WAY |
13 Sep 2023 | £137,021 | £134,000 | APARTMENT 196 LADYWELL POINT PILGRIMS WAY |
23 Jan 2023 | £150,402 | £150,000 | APARTMENT 153 LADYWELL POINT PILGRIMS WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 29 May 2012. Using an estimated price of £117,528 means this house is valued at £1,487 per sq meter (£138 per sq foot).
The average size of a house on PILGRIMS WAY is 63 sq meters (678 sq feet).