£331,646
This estimated value is based upon the latest sale price for the house of £325,000 on 19 Jun 2023. 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 |
|---|---|
| £325,000 | 19 Jun 2023 |
| £280,000 | 30 Nov 2021 |
| £220,000 | 30 Jun 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 2023 the House Price Index for GREATER MANCHESTER was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £325,000 results in an estimated price of approximately £331,646.
| 19 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £325,000 | £6,646 | £331,646 |
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 | -14.186 % | £-46,104 | £278,895 |
| 3 Month Average | -2.630 % | £-8,546 | £316,453 |
| 6 Month Average | 6.948 % | £22,581 | £347,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £252,767 | £245,000 | FLAT 64 THE SORTING HOUSE, 83 NEWTON STREET |
| 25 Aug 2023 | £114,236 | £112,176 | FLAT 57 THE SORTING HOUSE, 83 NEWTON STREET |
| 19 Jun 2023 | £331,646 | £325,000 | FLAT 74 THE SORTING HOUSE, 83 NEWTON STREET |
| 31 Mar 2023 | £183,057 | £180,000 | FLAT 38 THE SORTING HOUSE, 83 NEWTON STREET |
| 15 Mar 2023 | £249,161 | £245,000 | FLAT 81 THE SORTING HOUSE, 83 NEWTON STREET |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 13 Jul 2021. Using an estimated price of £331,646 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on NEWTON STREET is 65 sq meters (702 sq feet).