£580,089
This estimated value is based upon the latest sale price for the house of £494,500 on 7 Oct 2020. 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 |
---|---|
£494,500 | 7 Oct 2020 |
£280,000 | 5 Sep 2014 |
£250,000 | 7 Feb 2003 |
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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £494,500 results in an estimated price of approximately £580,089.
7 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £494,500 | £85,589 | £580,089 |
The Postcode Pricing Model uses changes in average sales price within the M2 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 | 10850.870 % | £53,657,554 | £54,152,054 |
3 Month Average | 214.307 % | £1,059,746 | £1,554,246 |
6 Month Average | 37.823 % | £187,036 | £681,536 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2022 | £3,895,045 | £3,840,000 | 77A MOSLEY STREET |
17 Jun 2022 | £33,619,111 | £33,144,006 | SHIP CANAL HOUSE, 98 KING STREET |
25 Apr 2022 | £234,794 | £228,000 | APARTMENT 205 THE ARTHOUSE, 43 GEORGE STREET |
26 Nov 2021 | £470,459 | £435,000 | FLAT 12 THE CHAMBERS, 2 - 6 BOOTH STREET |
8 Nov 2021 | £324,454 | £300,000 | APARTMENT 102 THE ARTHOUSE, 43 GEORGE STREET |