£492,906
This estimated value is based upon the latest sale price for the house of £269,950 on 18 Nov 2005. 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 |
---|---|
£269,950 | 18 Nov 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 87 sq meters or 936 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 November 2005 the House Price Index for GREATER MANCHESTER was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £269,950 results in an estimated price of approximately £492,906.
18 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 149.7 | 82.592 % | £269,950 | £222,956 | £492,906 |
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 | -9.021 % | £-24,351 | £245,598 |
3 Month Average | 0.607 % | £1,637 | £271,587 |
6 Month Average | -17.988 % | £-48,558 | £221,391 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Oct 2024 | £230,000 | £230,000 | APARTMENT 125 N V BUIDLING, 98 THE QUAYS |
21 Mar 2024 | £202,105 | £199,000 | APARTMENT 113 N V BUILDING, 98 THE QUAYS |
2 Nov 2023 | £215,469 | £210,000 | APARTMENT 118 N V BUILDING, 98 THE QUAYS |
26 Oct 2023 | £334,599 | £327,000 | APARTMENT 145 N V BUILDING, 98 THE QUAYS |
18 Sep 2023 | £219,846 | £215,000 | APARTMENT 106 N V BUILDING, 98 THE QUAYS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Jun 2018. Using an estimated price of £492,907 means this house is valued at £5,665 per sq meter (£526 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).