£171,946
This estimated value is based upon the latest sale price for the house of £117,500 on 1 Apr 2015. 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 |
---|---|
£117,500 | 1 Apr 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 2015 the House Price Index for GREATER MANCHESTER was 101.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 46.337%.Applying this 46.337% change to the original purchase price of £117,500 results in an estimated price of approximately £171,946.
1 Apr 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.0 | 46.337 % | £117,500 | £54,446 | £171,946 |
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 | 1.760 % | £2,068 | £119,568 |
3 Month Average | -4.116 % | £-4,836 | £112,663 |
6 Month Average | 25.925 % | £30,461 | £147,961 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £141,821 | £140,000 | APARTMENT 309 MILLENNIUM POINT, 254 THE QUAYS |
27 Jul 2023 | £254,407 | £252,000 | APARTMENT 805 MILLENNIUM POINT, 254 THE QUAYS |
10 Mar 2023 | £170,924 | £170,000 | APARTMENT 507 MILLENNIUM POINT, 254 THE QUAYS |
25 Nov 2022 | £157,447 | £160,000 | APARTMENT 207 MILLENNIUM POINT, 254 THE QUAYS |
7 Oct 2022 | £175,393 | £178,000 | APARTMENT 707 MILLENNIUM POINT, 254 THE QUAYS |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 21 May 2021. Using an estimated price of £171,946 means this house is valued at £3,509 per sq meter (£326 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).