£246,470
This estimated value is based upon the latest sale price for the house of £108,000 on 8 Sep 2003. 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 |
|---|---|
| £108,000 | 8 Sep 2003 |
| £108,000 | 8 Sep 2003 |
| £86,000 | 23 Aug 2002 |
| £53,950 | 19 Dec 1997 |
| Terraced |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 September 2003 the House Price Index for GREATER MANCHESTER was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £108,000 results in an estimated price of approximately £246,470.
| 8 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £108,000 | £138,470 | £246,470 |
The Postcode Pricing Model uses changes in average sales price within the M1 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 | 32.974 % | £35,611 | £143,611 |
| 3 Month Average | 44.194 % | £47,729 | £155,729 |
| 6 Month Average | 57.804 % | £62,428 | £170,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £185,008 | £187,000 | APARTMENT 60 QUANTUM, 4 CHAPELTOWN STREET |
| 19 Aug 2022 | £2,393,557 | £2,400,000 | 64 CHAPELTOWN STREET |
| 12 Aug 2022 | £334,101 | £335,000 | 30 JAMES BRINDLEY BASIN |
| 24 Jun 2022 | £189,173 | £186,500 | APARTMENT 39 QUANTUM, 4 CHAPELTOWN STREET |
| 22 Apr 2022 | £288,344 | £280,000 | 12 JAMES BRINDLEY BASIN |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 15 Aug 2019. Using an estimated price of £246,470 means this house is valued at £5,030 per sq meter (£467 per sq foot).
The average size of a house on JOHN SMEATON COURT is 66 sq meters (712 sq feet).