£201,440
This estimated value is based upon the latest sale price for the house of £116,000 on 29 Jun 2006. 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 |
|---|---|
| £116,000 | 29 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 June 2006 the House Price Index for GREATER MANCHESTER was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £116,000 results in an estimated price of approximately £201,440.
| 29 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £116,000 | £85,440 | £201,440 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 128.154 % | £148,658 | £264,658 |
| 3 Month Average | 50.088 % | £58,101 | £174,101 |
| 6 Month Average | 59.660 % | £69,205 | £185,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £101,295 | £100,000 | APARTMENT 5 1 LAKESIDE RISE |
| 31 Jul 2023 | £105,165 | £103,750 | APARTMENT 24 1 LAKESIDE RISE |
| 3 Apr 2023 | £125,350 | £124,000 | APARTMENT 49 1 LAKESIDE RISE |
| 10 Feb 2023 | £66,455 | £66,500 | APARTMENT 1 1 LAKESIDE RISE |
| 7 Feb 2023 | £99,933 | £100,000 | APARTMENT 11 12 LAKESIDE RISE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Feb 2015. Using an estimated price of £201,441 means this house is valued at £3,197 per sq meter (£297 per sq foot).
The average size of a house on LAKESIDE RISE is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Birwood Road |