£120,655
This estimated value is based upon the latest sale price for the house of £80,000 on 24 Oct 2014. 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 |
---|---|
£80,000 | 24 Oct 2014 |
£73,000 | 4 Jul 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 87 sq meters or 936 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 October 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £80,000 results in an estimated price of approximately £120,655.
24 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £80,000 | £40,655 | £120,655 |
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 | 95.404 % | £76,322 | £156,322 |
3 Month Average | 70.225 % | £56,180 | £136,180 |
6 Month Average | 78.402 % | £62,721 | £142,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £122,789 | £120,000 | FLAT 7 SQUIRES COURT CANTERBURY GARDENS |
23 Jan 2023 | £150,402 | £150,000 | APARTMENT 153 LADYWELL POINT PILGRIMS WAY |
11 Nov 2022 | £99,535 | £100,000 | FLAT 28 SQUIRES COURT CANTERBURY GARDENS |
20 Oct 2022 | £79,734 | £80,000 | FLAT 3 SQUIRES COURT CANTERBURY GARDENS |
4 Mar 2022 | £180,078 | £172,500 | 2 MILLERS COURT CANTERBURY GARDENS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Oct 2021. Using an estimated price of £120,655 means this house is valued at £1,386 per sq meter (£128 per sq foot).
The average size of a house on CANTERBURY GARDENS is 72 sq meters (783 sq feet).