£237,971
This estimated value is based upon the latest sale price for the house of £130,125 on 12 Dec 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 |
|---|---|
| £130,125 | 12 Dec 2008 |
| Flats/Maisonettes |
| Leasehold |
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 December 2008 the House Price Index for GREATER MANCHESTER was 81.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.879%.Applying this 82.879% change to the original purchase price of £130,125 results in an estimated price of approximately £237,971.
| 12 Dec 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 149.7 | 82.879 % | £130,125 | £107,846 | £237,971 |
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 | 77.073 % | £100,291 | £230,416 |
| 3 Month Average | 108.285 % | £140,905 | £271,030 |
| 6 Month Average | 77.443 % | £100,772 | £230,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jan 2021 | £164,417 | £143,000 | APARTMENT 904 VALLEA COURT, 1 REDBANK |
| 12 Jun 2020 | £146,398 | £120,000 | APARTMENT 207 VALLEA COURT, 1 REDBANK |
| 21 Oct 2019 | £261,905 | £212,000 | APARTMENT 1208 VALLEA COURT, 1 REDBANK |
| 20 Sep 2019 | £192,823 | £156,000 | APARTMENT 1405 VALLEA COURT, 1 REDBANK |
| 28 Sep 2018 | £174,161 | £140,000 | APARTMENT 1305 VALLEA COURT, 1 REDBANK |