£305,914
This estimated value is based upon the latest sale price for the house of £67,999 on 26 Feb 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 |
|---|---|
| £67,999 | 26 Feb 1999 |
| Detached |
| 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 February 1999 the House Price Index for GREATER MANCHESTER was 32.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 349.881%.Applying this 349.881% change to the original purchase price of £67,999 results in an estimated price of approximately £305,914.
| 26 Feb 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 148.0 | 349.881 % | £67,999 | £237,915 | £305,914 |
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 | 776.752 % | £528,183 | £596,182 |
| 3 Month Average | 290.725 % | £197,689 | £265,688 |
| 6 Month Average | 284.623 % | £193,540 | £261,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £201,588 | £199,000 | APARTMENT 85 LAKE HOUSE, 66 ELLESMERE STREET |
| 16 Jun 2023 | £182,480 | £181,000 | APARTMENT 16 LAKE HOUSE, 66 ELLESMERE STREET |
| 10 Feb 2023 | £218,964 | £220,000 | APARTMENT 2 BROOK HOUSE, 64 ELLESMERE STREET |
| 18 Jan 2023 | £156,624 | £158,000 | APARTMENT 39 LAKE HOUSE, 66 ELLESMERE STREET |
| 21 Sep 2022 | £163,017 | £165,000 | APARTMENT 64 LAKE HOUSE, 66 ELLESMERE STREET |