£149,861
This estimated value is based upon the latest sale price for the house of £88,600 on 4 Dec 2012. 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 |
---|---|
£88,600 | 4 Dec 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 December 2012 the House Price Index for GREATER MANCHESTER was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £88,600 results in an estimated price of approximately £149,861.
4 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 148.6 | 69.144 % | £88,600 | £61,261 | £149,861 |
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 | 14.483 % | £12,831 | £101,431 |
3 Month Average | 0.089 % | £79 | £88,679 |
6 Month Average | 35.943 % | £31,845 | £120,445 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £253,757 | £250,000 | APARTMENT 1804 MILLENNIUM TOWER, 250 THE QUAYS |
17 Nov 2023 | £233,456 | £230,000 | APARTMENT 1203 MILLENNIUM TOWER, 250 THE QUAYS |
17 Nov 2023 | £121,182 | £119,388 | APARTMENT 1106 MILLENNIUM TOWER, 250 THE QUAYS |
28 Jul 2023 | £177,387 | £175,000 | APARTMENT 902 MILLENNIUM TOWER, 250 THE QUAYS |
23 Jun 2023 | £172,084 | £170,000 | APARTMENT 904 MILLENNIUM TOWER, 250 THE QUAYS |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 5 Feb 2021. Using an estimated price of £149,861 means this house is valued at £3,655 per sq meter (£339 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).