£553,145
This estimated value is based upon the latest sale price for the house of £139,950 on 25 Feb 2000. 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 |
|---|---|
| £139,950 | 25 Feb 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2000 the House Price Index for GREATER MANCHESTER was 37.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 295.245%.Applying this 295.245% change to the original purchase price of £139,950 results in an estimated price of approximately £553,145.
| 25 Feb 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 149.7 | 295.245 % | £139,950 | £413,195 | £553,145 |
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 | 62.847 % | £87,954 | £227,904 |
| 3 Month Average | 132.362 % | £185,240 | £325,190 |
| 6 Month Average | 149.425 % | £209,120 | £349,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £160,000 | £160,000 | FLAT 8 LEXINGTON, 42 CHORLTON STREET |
| 27 Oct 2023 | £233,299 | £228,000 | FLAT 6 1A CANAL STREET |
| 28 Oct 2022 | £647,836 | £650,000 | 42 RICHMOND STREET |
| 7 Oct 2022 | £627,903 | £630,000 | 50 RICHMOND STREET |
| 1 Aug 2022 | £266,245 | £265,000 | FLAT 27 LEXINGTON, 42 CHORLTON STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Sep 2020. Using an estimated price of £553,145 means this house is valued at £7,183 per sq meter (£667 per sq foot).
The average size of a house on CHORLTON STREET is 68 sq meters (734 sq feet).