£121,765
This estimated value is based upon the latest sale price for the house of £98,000 on 17 Jul 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 |
|---|---|
| £98,000 | 17 Jul 2019 |
| £88,500 | 10 Mar 2017 |
| £50,000 | 9 Oct 2003 |
| £50,000 | 9 Oct 2003 |
| £29,000 | 9 Oct 1997 |
| £29,000 | 9 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £98,000 results in an estimated price of approximately £121,765.
| 17 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £98,000 | £23,765 | £121,765 |
The Postcode Pricing Model uses changes in average sales price within the M5 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 | -11.725 % | £-11,490 | £86,509 |
| 3 Month Average | -2.017 % | £-1,977 | £96,022 |
| 6 Month Average | 21.223 % | £20,799 | £118,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £137,761 | £135,000 | FLAT 92 REDMIRES COURT ECCLES NEW ROAD |
| 24 Apr 2023 | £121,268 | £119,000 | FLAT 81 REDMIRES COURT ECCLES NEW ROAD |
| 21 Apr 2023 | £112,098 | £110,001 | FLAT 121 REDMIRES COURT ECCLES NEW ROAD |
| 17 Mar 2023 | £147,463 | £145,000 | FLAT 96 REDMIRES COURT ECCLES NEW ROAD |
| 10 Feb 2023 | £115,773 | £115,000 | FLAT 60 REDMIRES COURT ECCLES NEW ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 19 Dec 2016. Using an estimated price of £121,765 means this house is valued at £2,213 per sq meter (£205 per sq foot).
The average size of a house on ECCLES NEW ROAD is 59 sq meters (645 sq feet).