£246,108
This estimated value is based upon the latest sale price for the house of £167,500 on 24 Apr 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 |
---|---|
£167,500 | 24 Apr 2015 |
£174,500 | 30 Aug 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 April 2015 the House Price Index for GREATER MANCHESTER was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £167,500 results in an estimated price of approximately £246,108.
24 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.6 | 46.930 % | £167,500 | £78,608 | £246,108 |
The Postcode Pricing Model uses changes in average sales price within the M1 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 | 83.009 % | £139,040 | £306,540 |
3 Month Average | 41.883 % | £70,154 | £237,654 |
6 Month Average | 48.352 % | £80,989 | £248,489 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Nov 2019 | £343,405 | £280,000 | APARTMENT 506 THE LOCK BUILDING, 41 WHITWORTH STREET WEST |
22 Nov 2019 | £364,868 | £297,500 | APARTMENT 502 THE LOCK BUILDING, 41 WHITWORTH STREET WEST |
3 Jul 2019 | £345,962 | £280,500 | APARTMENT 306 THE LOCK BUILDING, 41 WHITWORTH STREET WEST |
17 Jan 2019 | £198,892 | £161,000 | APARTMENT 309 THE LOCK BUILDING, 41 WHITWORTH STREET WEST |
23 Nov 2018 | £298,824 | £242,500 | APARTMENT 405 THE LOCK BUILDING, 41 WHITWORTH STREET WEST |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 10 Mar 2020. Using an estimated price of £246,108 means this house is valued at £3,515 per sq meter (£326 per sq foot).
The average size of a house on WHITWORTH STREET WEST is 69 sq meters (742 sq feet).