£279,901
This estimated value is based upon the latest sale price for the house of £225,000 on 21 Sep 2018. 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 |
|---|---|
| £225,000 | 21 Sep 2018 |
| £135,103 | 1 May 2009 |
| £132,000 | 26 May 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £225,000 results in an estimated price of approximately £279,901.
| 21 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £225,000 | £54,901 | £279,901 |
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 | -0.402 % | £-904 | £224,095 |
| 3 Month Average | -1.911 % | £-4,298 | £220,701 |
| 6 Month Average | 2.812 % | £6,327 | £231,327 |
| 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 72 sq meters or 775 sq feet when measured on 10 Oct 2008. Using an estimated price of £279,901 means this house is valued at £3,887 per sq meter (£361 per sq foot).
The average size of a house on NEWTON STREET is 65 sq meters (702 sq feet).