£177,753
This estimated value is based upon the latest sale price for the house of £169,500 on 28 Feb 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 |
---|---|
£169,500 | 28 Feb 2022 |
£100,250 | 4 Aug 2011 |
£124,000 | 18 Aug 2004 |
£78,500 | 2 May 2001 |
£74,950 | 4 Jan 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 February 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £169,500 results in an estimated price of approximately £177,753.
28 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £169,500 | £8,253 | £177,753 |
The Postcode Pricing Model uses changes in average sales price within the M1 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 | -15.550 % | £-26,356 | £143,143 |
3 Month Average | -7.234 % | £-12,262 | £157,237 |
6 Month Average | -25.378 % | £-43,015 | £126,484 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2022 | £264,289 | £265,000 | FLAT 27 LEXINGTON, 42 CHORLTON STREET |
8 Jul 2022 | £182,993 | £182,500 | FLAT 5 WHITWORTH HOUSE, 53 WHITWORTH STREET |
5 Jul 2022 | £340,918 | £340,000 | FLAT 26 REGENCY HOUSE, 36 - 38 WHITWORTH STREET |
1 Jul 2022 | £11,029,691 | £11,000,000 | 40 CHORLTON STREET |
28 Feb 2022 | £177,754 | £169,500 | FLAT 1 LEXINGTON, 42 CHORLTON STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 17 Jan 2019. Using an estimated price of £177,754 means this house is valued at £3,353 per sq meter (£311 per sq foot).
The average size of a house on CHORLTON STREET is 68 sq meters (734 sq feet).