£213,862
This estimated value is based upon the latest sale price for the house of £152,000 on 12 Oct 2015. 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 |
---|---|
£152,000 | 12 Oct 2015 |
£135,500 | 23 Dec 2009 |
£101,000 | 29 Aug 2003 |
£69,950 | 30 Jun 2000 |
£49,000 | 12 Jun 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 634 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 2015 the House Price Index for GREATER MANCHESTER was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £152,000 results in an estimated price of approximately £213,862.
12 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £152,000 | £61,862 | £213,862 |
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 | 128.889 % | £195,911 | £347,911 |
3 Month Average | 20.923 % | £31,802 | £183,802 |
6 Month Average | 45.738 % | £69,521 | £221,521 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Feb 2023 | £449,697 | £450,000 | 267 RYEBANK ROAD |
10 Feb 2023 | £226,348 | £226,500 | FLAT 7 ASHFELL COURT EDGE LANE |
14 Jul 2022 | £724,701 | £722,750 | 51 EDGE LANE |
1 Jul 2022 | £137,370 | £137,000 | FLAT 22 ASHFELL COURT EDGE LANE |
31 May 2022 | £194,668 | £191,000 | FLAT 2 ASHFELL COURT EDGE LANE |
This house has a floor area of 58 sq meters or 634 sq feet when measured on 9 Oct 2008. Using an estimated price of £213,862 means this house is valued at £3,627 per sq meter (£336 per sq foot).
The average size of a house on EDGE LANE is 80 sq meters (866 sq feet).