£196,392
This estimated value is based upon the latest sale price for the house of £115,000 on 17 Jan 2013. 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 |
|---|---|
| £115,000 | 17 Jan 2013 |
| £108,000 | 31 Aug 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 January 2013 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £115,000 results in an estimated price of approximately £196,392.
| 17 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £115,000 | £81,392 | £196,392 |
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 | 35.689 % | £41,042 | £156,042 |
| 3 Month Average | 101.438 % | £116,654 | £231,654 |
| 6 Month Average | 42.247 % | £48,584 | £163,584 |
| 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 60 sq meters or 645 sq feet when measured on 26 Oct 2020. Using an estimated price of £196,393 means this house is valued at £3,273 per sq meter (£304 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).