£7,942,078
This estimated value is based upon the latest sale price for the house of £6,925,000 on 9 Nov 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 |
---|---|
£6,925,000 | 9 Nov 2020 |
£301,501 | 20 Jun 2019 |
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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 14.687%.Applying this 14.687% change to the original purchase price of £6,925,000 results in an estimated price of approximately £7,942,078.
9 Nov 2020 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 147.0 | 14.687 % | £6,925,000 | £1,017,078 | £7,942,078 |
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 | -95.155 % | £-6,589,452 | £335,547 |
3 Month Average | -80.355 % | £-5,564,600 | £1,360,399 |
6 Month Average | -67.003 % | £-4,639,955 | £2,285,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £275,625 | £277,500 | APARTMENT 403 37 CROSS STREET |
12 Dec 2022 | £396,636 | £405,000 | FLAT 41 THE CHAMBERS, 2 - 6 BOOTH STREET |
2 Dec 2022 | £19,285,932 | £19,692,643 | 43A BROWN STREET |
28 Jun 2022 | £3,847,853 | £3,840,000 | 77A MOSLEY STREET |
17 Jun 2022 | £33,211,787 | £33,144,006 | SHIP CANAL HOUSE, 98 KING STREET |