£161,392
This estimated value is based upon the latest sale price for the house of £105,000 on 30 Jun 2014. 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 |
---|---|
£105,000 | 30 Jun 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 2014 the House Price Index for GREATER MANCHESTER was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £105,000 results in an estimated price of approximately £161,392.
30 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £105,000 | £56,392 | £161,392 |
The Postcode Pricing Model uses changes in average sales price within the M4 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 | 101.769 % | £106,857 | £211,857 |
3 Month Average | 31.926 % | £33,521 | £138,521 |
6 Month Average | 57.913 % | £60,808 | £165,808 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £248,004 | £245,000 | APARTMENT 35 MILLINERS WHARF, 2 MUNDAY STREET |
20 Dec 2018 | £306,544 | £248,500 | APARTMENT 260 MILLINERS WHARF, 2 MUNDAY STREET |
4 Dec 2018 | £182,570 | £148,000 | APARTMENT 105 MILLINERS WHARF, 2 MUNDAY STREET |
31 Aug 2018 | £142,244 | £115,000 | APARTMENT 137 MILLINERS WHARF, 2 MUNDAY STREET |
30 Jan 2018 | £320,035 | £255,000 | APARTMENT 112 2 MUNDAY STREET |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 14 Jun 2019. Using an estimated price of £161,393 means this house is valued at £3,586 per sq meter (£333 per sq foot).
The average size of a house on MUNDAY STREET is 56 sq meters (605 sq feet).