£182,464
This estimated value is based upon the latest sale price for the house of £115,000 on 28 Jun 2007. 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 |
|---|---|
| £115,000 | 28 Jun 2007 |
| £39,000 | 30 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 June 2007 the House Price Index for GREATER MANCHESTER was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £115,000 results in an estimated price of approximately £182,464.
| 28 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £115,000 | £67,464 | £182,464 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | -11.010 % | £-12,661 | £102,338 |
| 3 Month Average | 59.271 % | £68,161 | £183,161 |
| 6 Month Average | 91.267 % | £104,957 | £219,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £432,236 | £427,000 | 3 NEWPORT ROAD |
| 27 Mar 2023 | £441,156 | £437,000 | 25 NEWPORT ROAD |
| 24 Feb 2023 | £1,109,254 | £1,110,000 | FLAT 1 11 VINCENT AVENUE |
| 24 Feb 2023 | £1,109,254 | £1,110,000 | FLAT 4 13 VINCENT AVENUE |
| 17 Feb 2023 | £409,724 | £410,000 | 55 NICOLAS ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 5 Sep 2018. Using an estimated price of £182,464 means this house is valued at £3,577 per sq meter (£332 per sq foot).
The average size of a house on SHANKLIN CLOSE is 59 sq meters (638 sq feet).