£414,561
This estimated value is based upon the latest sale price for the house of £227,043 on 11 Nov 2005. 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 |
|---|---|
| £227,043 | 11 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 November 2005 the House Price Index for GREATER MANCHESTER was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £227,043 results in an estimated price of approximately £414,561.
| 11 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £227,043 | £187,518 | £414,561 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 23.926 % | £54,321 | £281,364 |
| 3 Month Average | 58.582 % | £133,006 | £360,049 |
| 6 Month Average | 64.881 % | £147,306 | £374,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2020 | £257,177 | £215,000 | APARTMENT 4 LUMIERE BUILDING, 38 CITY ROAD EAST |
| 27 Sep 2019 | £263,278 | £213,000 | APARTMENT 5 LUMIERE BUILDING, 38 CITY ROAD EAST |
| 16 Nov 2018 | £271,864 | £219,000 | APARTMENT 316 LUMIERE BUILDING, 38 CITY ROAD EAST |
| 17 Aug 2018 | £274,133 | £220,000 | APARTMENT 305 LUMIERE BUILDING, 38 CITY ROAD EAST |
| 16 Aug 2018 | £305,285 | £245,000 | APARTMENT 411 LUMIERE BUILDING, 38 CITY ROAD EAST |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 Oct 2019. Using an estimated price of £414,562 means this house is valued at £5,922 per sq meter (£550 per sq foot).
The average size of a house on CITY ROAD EAST is 66 sq meters (716 sq feet).