£544,099
This estimated value is based upon the latest sale price for the house of £166,000 on 28 Sep 2001. 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 |
---|---|
£166,000 | 28 Sep 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 90 sq meters or 968 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 September 2001 the House Price Index for GREATER MANCHESTER was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £166,000 results in an estimated price of approximately £544,099.
28 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.3 | 148.6 | 227.771 % | £166,000 | £378,099 | £544,099 |
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 | 75.572 % | £125,449 | £291,449 |
3 Month Average | 103.661 % | £172,077 | £338,077 |
6 Month Average | 105.083 % | £174,437 | £340,437 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £113,166 | £112,176 | FLAT 57 THE SORTING HOUSE, 83 NEWTON STREET |
31 Mar 2023 | £181,712 | £180,000 | FLAT 38 THE SORTING HOUSE, 83 NEWTON STREET |
15 Mar 2023 | £247,330 | £245,000 | FLAT 81 THE SORTING HOUSE, 83 NEWTON STREET |
27 Jan 2023 | £288,640 | £290,000 | FLAT 7 THE SORTING HOUSE, 83 NEWTON STREET |
11 Nov 2022 | £306,290 | £310,000 | FLAT 20 THE SORTING HOUSE, 83 NEWTON STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 7 May 2015. Using an estimated price of £544,100 means this house is valued at £6,045 per sq meter (£561 per sq foot).
The average size of a house on NEWTON STREET is 65 sq meters (702 sq feet).