£351,497
This estimated value is based upon the latest sale price for the house of £179,000 on 20 Jul 2004. 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 |
---|---|
£179,000 | 20 Jul 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 July 2004 the House Price Index for GREATER MANCHESTER was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £179,000 results in an estimated price of approximately £351,497.
20 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £179,000 | £172,497 | £351,497 |
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 | -4.397 % | £-7,871 | £171,128 |
3 Month Average | 9.350 % | £16,735 | £195,735 |
6 Month Average | 0.869 % | £1,554 | £180,554 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £170,000 | £170,000 | APARTMENT 35 N V BUILDING, 96 THE QUAYS |
7 Aug 2023 | £213,857 | £210,000 | APARTMENT 101 N V BUILDING, 98 THE QUAYS |
3 Mar 2023 | £212,041 | £208,500 | APARTMENT 59 N V BUILDING, 96 THE QUAYS |
31 Jan 2023 | £325,871 | £325,000 | APARTMENT 51 N V BUILDING, 96 THE QUAYS |
21 Feb 2022 | £369,760 | £350,000 | APARTMENT 16 N V BUILDING, 96 THE QUAYS |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 30 Jul 2020. Using an estimated price of £351,497 means this house is valued at £6,759 per sq meter (£627 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).