£228,673
This estimated value is based upon the latest sale price for the house of £160,000 on 9 Sep 2015. 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 |
---|---|
£160,000 | 9 Sep 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 September 2015 the House Price Index for GREATER MANCHESTER was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £160,000 results in an estimated price of approximately £228,673.
9 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £160,000 | £68,673 | £228,673 |
The Postcode Pricing Model uses changes in average sales price within the M4 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 | 64.707 % | £103,531 | £263,531 |
3 Month Average | 51.109 % | £81,774 | £241,774 |
6 Month Average | 58.990 % | £94,384 | £254,384 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £433,315 | £420,000 | 1103 NUOVO APARTMENTS, 59 GREAT ANCOATS STREET |
17 Nov 2023 | £243,173 | £237,000 | 410 NUOVO APARTMENTS, 59 GREAT ANCOATS STREET |
27 Sep 2023 | £265,861 | £260,000 | 412 NUOVO APARTMENTS, 59 GREAT ANCOATS STREET |
4 Apr 2023 | £275,146 | £270,000 | FLAT 1101 OXID HOUSE 78 NEWTON STREET |
31 Mar 2023 | £270,518 | £266,000 | 313 NUOVO APARTMENTS, 59 GREAT ANCOATS STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Sep 2014. Using an estimated price of £228,673 means this house is valued at £3,748 per sq meter (£348 per sq foot).
The average size of a house on GREAT ANCOATS STREET is 61 sq meters (656 sq feet).