£199,405
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Feb 2014. 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 |
---|---|
£125,000 | 14 Feb 2014 |
£96,000 | 16 May 2007 |
£96,000 | 16 Dec 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 February 2014 the House Price Index for GREATER MANCHESTER was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £125,000 results in an estimated price of approximately £199,405.
14 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 149.7 | 59.525 % | £125,000 | £74,405 | £199,405 |
The Postcode Pricing Model uses changes in average sales price within the M5 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 | 106.358 % | £132,947 | £257,947 |
3 Month Average | 75.920 % | £94,899 | £219,899 |
6 Month Average | 91.654 % | £114,567 | £239,567 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £177,969 | £172,500 | 63 THE ROYAL WILTON PLACE |
5 Sep 2023 | £311,875 | £305,000 | APARTMENT 1006 BLOCK A, 2 HULME STREET |
14 Sep 2022 | £110,926 | £111,000 | APARTMENT 202 TRANSPORT HOUSE, 1 CRESCENT |
28 Feb 2022 | £158,469 | £150,000 | 60 THE ROYAL WILTON PLACE |
7 Feb 2022 | £121,493 | £115,000 | APARTMENT 106 TRANSPORT HOUSE, 1 CRESCENT |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Sep 2013. Using an estimated price of £199,406 means this house is valued at £2,976 per sq meter (£276 per sq foot).
The average size of a house on CRESCENT is 86 sq meters (930 sq feet).