£231,626
This estimated value is based upon the latest sale price for the house of £123,540 on 24 Apr 2009. 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 |
---|---|
£123,540 | 24 Apr 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 April 2009 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £123,540 results in an estimated price of approximately £231,626.
24 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.491 % | £123,540 | £108,086 | £231,626 |
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 | 31.159 % | £38,493 | £162,033 |
3 Month Average | 61.412 % | £75,868 | £199,408 |
6 Month Average | 67.438 % | £83,312 | £206,852 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £168,590 | £166,000 | APARTMENT 67 MACINTOSH MILLS, 4 CAMBRIDGE STREET |
10 Nov 2023 | £238,556 | £232,500 | APARTMENT 42 MACINTOSH MILLS, 4 CAMBRIDGE STREET |
30 Oct 2023 | £226,136 | £221,000 | APARTMENT 51 MACINTOSH MILLS, 4 CAMBRIDGE STREET |
24 Jun 2022 | £209,478 | £205,000 | APARTMENT 44 MACINTOSH MILLS, 4 CAMBRIDGE STREET |
27 May 2022 | £287,490 | £280,000 | APARTMENT 38 MACINTOSH MILLS, 4 CAMBRIDGE STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 24 Sep 2019. Using an estimated price of £231,627 means this house is valued at £3,563 per sq meter (£331 per sq foot).
The average size of a house on CAMBRIDGE STREET is 67 sq meters (731 sq feet).