£221,606
This estimated value is based upon the latest sale price for the house of £180,000 on 17 May 2019. 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 |
---|---|
£180,000 | 17 May 2019 |
£155,000 | 13 Jun 2014 |
£155,000 | 7 Jun 2013 |
£155,000 | 16 Jan 2009 |
£145,000 | 21 Sep 2007 |
£72,000 | 7 May 1999 |
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 May 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £180,000 results in an estimated price of approximately £221,606.
17 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.0 | 23.115 % | £180,000 | £41,606 | £221,606 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 7.450 % | £13,409 | £193,409 |
3 Month Average | 27.406 % | £49,331 | £229,331 |
6 Month Average | 27.682 % | £49,828 | £229,828 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £225,000 | £225,000 | FLAT 7 OAKFIELD MEWS OAKFIELD |
20 Apr 2023 | £211,573 | £210,000 | APARTMENT 1 58 WASHWAY ROAD |
14 Oct 2022 | £433,555 | £440,000 | 10 WESTGATE |
18 Aug 2022 | £220,510 | £222,000 | FLAT 6 RUSLAND COURT OAKFIELD |
1 Aug 2022 | £166,872 | £168,000 | APARTMENT 14 43 OAKFIELD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Feb 2019. Using an estimated price of £221,606 means this house is valued at £3,165 per sq meter (£294 per sq foot).
The average size of a house on OAKFIELD is 81 sq meters (878 sq feet).