£325,447
This estimated value is based upon the latest sale price for the house of £259,000 on 25 May 2018. 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 |
---|---|
£259,000 | 25 May 2018 |
Leasehold |
Floor Area: 84 sq meters or 904 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 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £259,000 results in an estimated price of approximately £325,447.
25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £259,000 | £66,447 | £325,447 |
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 | 38.138 % | £98,777 | £357,777 |
3 Month Average | 33.913 % | £87,835 | £346,835 |
6 Month Average | 17.542 % | £45,433 | £304,433 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £212,177 | £207,500 | FLAT 15 ONE CUTTING ROOM SQUARE, 16 HOOD STREET |
15 Sep 2023 | £352,777 | £345,000 | APARTMENT F B 412 55 HENRY STREET |
30 Mar 2023 | £330,520 | £325,000 | FLAT 9 ONE CUTTING ROOM SQUARE, 16 HOOD STREET |
8 Mar 2023 | £208,482 | £205,000 | FLAT 3 ONE CUTTING ROOM SQUARE, 16 HOOD STREET |
25 Mar 2022 | £318,400 | £305,000 | FLAT 12 ONE CUTTING ROOM SQUARE, 16 HOOD STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Feb 2017. Using an estimated price of £325,447 means this house is valued at £3,874 per sq meter (£359 per sq foot).
The average size of a house on HOOD STREET is 84 sq meters (910 sq feet).