£312,842
This estimated value is based upon the latest sale price for the house of £292,000 on 7 Dec 2021. 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 |
---|---|
£292,000 | 7 Dec 2021 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £292,000 results in an estimated price of approximately £312,842.
7 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £292,000 | £20,842 | £312,842 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 133.788 % | £390,661 | £682,661 |
3 Month Average | 22.386 % | £65,366 | £357,366 |
6 Month Average | 24.425 % | £71,319 | £363,319 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £165,000 | £165,000 | APARTMENT 22 TARN HOUSE, 60 ELLESMERE STREET |
14 Dec 2023 | £194,401 | £191,000 | APARTMENT 12 TARN HOUSE, 60 ELLESMERE STREET |
25 Sep 2023 | £187,396 | £185,000 | APARTMENT 5 TARN HOUSE, 60 ELLESMERE STREET |
25 Aug 2023 | £186,633 | £185,000 | APARTMENT 15 TARN HOUSE, 60 ELLESMERE STREET |
31 Jul 2023 | £160,156 | £158,000 | APARTMENT 11 TARN HOUSE, 60 ELLESMERE STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 3 Feb 2020. Using an estimated price of £312,842 means this house is valued at £4,600 per sq meter (£427 per sq foot).
The average size of a house on HULME HALL ROAD is 67 sq meters (725 sq feet).