£354,117
This estimated value is based upon the latest sale price for the house of £207,500 on 8 Jul 2010. 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 |
---|---|
£207,500 | 8 Jul 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 2010 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 70.659%.Applying this 70.659% change to the original purchase price of £207,500 results in an estimated price of approximately £354,117.
8 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.659 % | £207,500 | £146,617 | £354,117 |
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 | 18.113 % | £37,583 | £245,083 |
3 Month Average | 50.298 % | £104,368 | £311,868 |
6 Month Average | 17.244 % | £35,780 | £243,280 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £123,125 | £120,000 | APARTMENT 1802 NUMBER ONE PINK |
31 Oct 2023 | £272,182 | £266,000 | APARTMENT 1313 NUMBER ONE PINK |
29 Sep 2023 | £250,523 | £245,000 | APARTMENT 1013 NUMBER ONE PINK |
7 Jun 2023 | £200,008 | £196,000 | APARTMENT 303 NUMBER ONE PINK |
27 Aug 2020 | £138,913 | £115,000 | APARTMENT 102 NUMBER ONE PINK |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Dec 2020. Using an estimated price of £354,118 means this house is valued at £5,058 per sq meter (£469 per sq foot).
The average size of a house on PINK is 50 sq meters (546 sq feet).