£381,679
This estimated value is based upon the latest sale price for the house of £306,000 on 4 May 2018. 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 |
---|---|
£306,000 | 4 May 2018 |
£247,000 | 27 Jun 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 91 sq meters or 979 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 May 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £306,000 results in an estimated price of approximately £381,679.
4 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £306,000 | £75,679 | £381,679 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 127.545 % | £390,287 | £696,287 |
3 Month Average | 3.131 % | £9,582 | £315,582 |
6 Month Average | 14.613 % | £44,716 | £350,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £163,000 | £163,000 | APARTMENT 102 1 JORDAN STREET |
1 Dec 2023 | £204,579 | £201,000 | APARTMENT 104 1 JORDAN STREET |
1 Aug 2022 | £197,967 | £198,500 | APARTMENT 7 1 JORDAN STREET |
22 Nov 2019 | £260,620 | £212,500 | APARTMENT 17 1 JORDAN STREET |
6 Sep 2019 | £238,031 | £194,000 | APARTMENT 31 1 JORDAN STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 Aug 2017. Using an estimated price of £381,680 means this house is valued at £4,194 per sq meter (£389 per sq foot).
The average size of a house on JORDAN STREET is 68 sq meters (732 sq feet).