£463,077
This estimated value is based upon the latest sale price for the house of £249,000 on 22 Jun 2005. 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 |
|---|---|
| £249,000 | 22 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 920 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 2005 the House Price Index for GREATER MANCHESTER was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £249,000 results in an estimated price of approximately £463,077.
| 22 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £249,000 | £214,077 | £463,077 |
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 | -5.679 % | £-14,139 | £234,860 |
| 3 Month Average | 19.102 % | £47,564 | £296,564 |
| 6 Month Average | -8.708 % | £-21,684 | £227,315 |
| 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 85 sq meters or 920 sq feet when measured on 2 Feb 2009. Using an estimated price of £463,078 means this house is valued at £5,416 per sq meter (£503 per sq foot).
The average size of a house on THE QUAYS is 70 sq meters (760 sq feet).