£261,721
This estimated value is based upon the latest sale price for the house of £178,000 on 7 May 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 |
---|---|
£178,000 | 7 May 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 88 sq meters or 947 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £178,000 results in an estimated price of approximately £261,721.
7 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 149.7 | 47.034 % | £178,000 | £83,721 | £261,721 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 41.419 % | £73,726 | £251,726 |
3 Month Average | 80.596 % | £143,460 | £321,460 |
6 Month Average | 76.608 % | £136,362 | £314,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £761,703 | £750,000 | THE BEATTIE PARTNERSHIP THE ROPEWORKS LITTLE PETER STREET |
12 Aug 2022 | £190,893 | £190,000 | APARTMENT 57 THE ROPEWORKS, 35 LITTLE PETER STREET |
28 Jul 2022 | £161,619 | £160,000 | APARTMENT 24 THE ROPEWORKS, 35 LITTLE PETER STREET |
31 May 2022 | £164,280 | £160,000 | APARTMENT 62 THE ROPEWORKS, 35 LITTLE PETER STREET |
18 Feb 2022 | £184,352 | £174,500 | APARTMENT 7 THE ROPEWORKS, 35 LITTLE PETER STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 May 2015. Using an estimated price of £261,721 means this house is valued at £2,974 per sq meter (£276 per sq foot).
The average size of a house on LITTLE PETER STREET is 65 sq meters (704 sq feet).