£172,757
This estimated value is based upon the latest sale price for the house of £139,900 on 10 Sep 2018. 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 |
---|---|
£139,900 | 10 Sep 2018 |
£144,375 | 27 Sep 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £139,900 results in an estimated price of approximately £172,757.
10 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £139,900 | £32,857 | £172,757 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 56.024 % | £78,378 | £218,278 |
3 Month Average | 75.525 % | £105,659 | £245,559 |
6 Month Average | 66.937 % | £93,645 | £233,545 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2022 | £105,283 | £105,000 | FLAT 331 3 STILLWATER DRIVE |
27 May 2022 | £88,671 | £87,000 | FLAT 537 5 STILLWATER DRIVE |
19 Feb 2021 | £141,902 | £125,000 | FLAT 536 5 STILLWATER DRIVE |
12 Apr 2019 | £157,058 | £127,000 | FLAT 317 3 STILLWATER DRIVE |
1 Oct 2018 | £123,847 | £100,500 | FLAT 549 5 STILLWATER DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 8 Sep 2020. Using an estimated price of £172,758 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on STILLWATER DRIVE is 56 sq meters (605 sq feet).