£124,606
This estimated value is based upon the latest sale price for the house of £100,000 on 31 Aug 2018. 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 |
|---|---|
| £100,000 | 31 Aug 2018 |
| £80,000 | 14 May 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £100,000 results in an estimated price of approximately £124,606.
| 31 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £100,000 | £24,606 | £124,606 |
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 | -26.692 % | £-26,692 | £73,307 |
| 3 Month Average | 31.956 % | £31,955 | £131,955 |
| 6 Month Average | -2.704 % | £-2,704 | £97,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £10,317 | £10,000 | CAR PARK SPACE 60 MILLENNIUM TOWER, 250 THE QUAYS |
| 18 Dec 2023 | £10,317 | £10,000 | CAR PARK SPACE 64 MILLENNIUM TOWER, 250 THE QUAYS |
| 30 Nov 2023 | £256,511 | £250,000 | APARTMENT 1804 MILLENNIUM TOWER, 250 THE QUAYS |
| 17 Nov 2023 | £235,990 | £230,000 | APARTMENT 1203 MILLENNIUM TOWER, 250 THE QUAYS |
| 27 Oct 2023 | £172,416 | £168,500 | APARTMENT 1501 MILLENNIUM TOWER, 250 THE QUAYS |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 21 Oct 2020. Using an estimated price of £124,606 means this house is valued at £2,492 per sq meter (£231 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).