£72,895
This estimated value is based upon the latest sale price for the house of £59,000 on 15 Nov 2019. 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 |
|---|---|
| £59,000 | 15 Nov 2019 |
| £56,000 | 24 Apr 2015 |
| £62,950 | 1 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 November 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £59,000 results in an estimated price of approximately £72,895.
| 15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £59,000 | £13,895 | £72,895 |
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 | 23.363 % | £13,784 | £72,784 |
| 3 Month Average | 28.119 % | £16,590 | £75,590 |
| 6 Month Average | 43.544 % | £25,691 | £84,691 |
| 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 53 sq meters or 570 sq feet when measured on 1 Sep 2014. Using an estimated price of £72,896 means this house is valued at £1,375 per sq meter (£127 per sq foot).
The average size of a house on KERSAL WAY is 55 sq meters (602 sq feet).