£709,546
This estimated value is based upon the latest sale price for the house of £420,000 on 30 Nov 2006. 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 |
|---|---|
| £420,000 | 30 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 117 sq meters or 1,259 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 November 2006 the House Price Index for GREATER MANCHESTER was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £420,000 results in an estimated price of approximately £709,546.
| 30 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £420,000 | £289,546 | £709,546 |
The Postcode Pricing Model uses changes in average sales price within the M50 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 | -17.573 % | £-73,806 | £346,193 |
| 3 Month Average | 12.968 % | £54,466 | £474,466 |
| 6 Month Average | -10.551 % | £-44,316 | £375,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2019 | £342,454 | £275,000 | APARTMENT 602 SOVEREIGN POINT, 31 THE QUAYS |
| 29 Mar 2019 | £600,487 | £482,500 | APARTMENT 1304 SOVEREIGN POINT, 31 THE QUAYS |
| 22 Feb 2019 | £217,772 | £175,000 | APARTMENT 505 SOVEREIGN POINT, 31 THE QUAYS |
| 8 Feb 2019 | £233,949 | £188,000 | APARTMENT 206 SOVEREIGN POINT, 31 THE QUAYS |
| 30 Jul 2018 | £262,170 | £210,000 | 5 WINNIPEG QUAY |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 4 Nov 2019. Using an estimated price of £709,546 means this house is valued at £6,064 per sq meter (£563 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).