£71,188
This estimated value is based upon the latest sale price for the house of £70,000 on 6 Mar 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 |
---|---|
£70,000 | 6 Mar 2023 |
£75,000 | 2 Nov 2007 |
£34,000 | 11 Sep 2003 |
£32,500 | 13 Jun 2001 |
£18,000 | 8 Aug 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £70,000 results in an estimated price of approximately £71,188.
6 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £70,000 | £1,188 | £71,188 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -44.814 % | £-31,369 | £38,630 |
3 Month Average | -19.615 % | £-13,730 | £56,269 |
6 Month Average | -8.793 % | £-6,154 | £63,845 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £65,569 | £65,000 | FLAT 80 TILEHURST COURT KERSAL WAY |
2 Apr 2024 | £65,569 | £65,000 | FLAT 75 TILEHURST COURT KERSAL WAY |
15 Mar 2024 | £70,584 | £69,500 | FLAT 70 TILEHURST COURT KERSAL WAY |
19 Oct 2023 | £92,092 | £90,000 | FLAT 61 TILEHURST COURT KERSAL WAY |
6 Mar 2023 | £71,189 | £70,000 | FLAT 34 TILEHURST COURT KERSAL WAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 6 Aug 2019. Using an estimated price of £71,189 means this house is valued at £1,167 per sq meter (£108 per sq foot).
The average size of a house on KERSAL WAY is 55 sq meters (602 sq feet).