£152,618
This estimated value is based upon the latest sale price for the house of £85,547 on 21 Nov 2008. 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 |
---|---|
£85,547 | 21 Nov 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 2008 the House Price Index for GREATER MANCHESTER was 83.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 78.403%.Applying this 78.403% change to the original purchase price of £85,547 results in an estimated price of approximately £152,618.
21 Nov 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 148.0 | 78.403 % | £85,547 | £67,071 | £152,618 |
The Postcode Pricing Model uses changes in average sales price within the M4 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 | 198.436 % | £169,756 | £255,303 |
3 Month Average | 73.593 % | £62,956 | £148,503 |
6 Month Average | 61.562 % | £52,664 | £138,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2021 | £225,049 | £203,000 | APARTMENT 203 VALLEA COURT, 1 REDBANK |
29 Jan 2021 | £162,550 | £143,000 | APARTMENT 904 VALLEA COURT, 1 REDBANK |
12 Jun 2020 | £144,735 | £120,000 | APARTMENT 207 VALLEA COURT, 1 REDBANK |
28 Sep 2018 | £172,183 | £140,000 | APARTMENT 1305 VALLEA COURT, 1 REDBANK |
29 Jun 2018 | £173,449 | £140,000 | APARTMENT 1105 VALLEA COURT, 1 REDBANK |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 10 Jul 2017. Using an estimated price of £152,619 means this house is valued at £3,114 per sq meter (£289 per sq foot).
The average size of a house on RED BANK is 57 sq meters (619 sq feet).