£202,449
This estimated value is based upon the latest sale price for the house of £165,000 on 2 Sep 2019. 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 |
|---|---|
| £165,000 | 2 Sep 2019 |
| £109,000 | 29 Nov 2013 |
| £135,000 | 10 Mar 2009 |
| £195,950 | 21 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 618 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 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £165,000 results in an estimated price of approximately £202,449.
| 2 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £165,000 | £37,449 | £202,449 |
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 | 15.594 % | £25,729 | £190,729 |
| 3 Month Average | 0.657 % | £1,083 | £166,083 |
| 6 Month Average | 4.677 % | £7,717 | £172,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £124,087 | £122,500 | APARTMENT 517 5 LUDGATE HILL |
| 29 Jun 2023 | £121,471 | £120,000 | APARTMENT 608 5 LUDGATE HILL |
| 17 Feb 2023 | £114,923 | £115,000 | APARTMENT 305 5 LUDGATE HILL |
| 29 Sep 2021 | £123,923 | £115,000 | APARTMENT 109 5 LUDGATE HILL |
| 6 Nov 2020 | £115,935 | £100,000 | APARTMENT 107 5 LUDGATE HILL |
This house has a floor area of 57 sq meters or 618 sq feet when measured on 27 Aug 2009. Using an estimated price of £202,449 means this house is valued at £3,524 per sq meter (£327 per sq foot).
The average size of a house on SIMPSON STREET is 67 sq meters (727 sq feet).