£568,501
This estimated value is based upon the latest sale price for the house of £127,500 on 12 Apr 1999. 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 |
---|---|
£127,500 | 12 Apr 1999 |
Terraced |
Leasehold |
Floor Area: 122 sq meters or 1,313 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 April 1999 the House Price Index for GREATER MANCHESTER was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £127,500 results in an estimated price of approximately £568,501.
12 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 148.6 | 345.883 % | £127,500 | £441,001 | £568,501 |
The Postcode Pricing Model uses changes in average sales price within the M50 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 | 115.261 % | £146,957 | £274,457 |
3 Month Average | 76.149 % | £97,090 | £224,590 |
6 Month Average | 108.972 % | £138,939 | £266,439 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £72,942 | £71,666 | APARTMENT 715 ABITO, 4 CLIPPERS QUAY |
14 Dec 2023 | £267,684 | £263,000 | 44 MERCHANTS QUAY |
5 Sep 2022 | £371,996 | £375,000 | 25 MERCHANTS QUAY |
19 Nov 2021 | £258,482 | £239,000 | 74 MERCHANTS QUAY |
28 Oct 2021 | £276,620 | £250,000 | 62 MERCHANTS QUAY |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 27 Mar 2014. Using an estimated price of £568,501 means this house is valued at £4,659 per sq meter (£432 per sq foot).
The average size of a house on MERCHANTS QUAY is 101 sq meters (1,095 sq feet).