£358,310
This estimated value is based upon the latest sale price for the house of £219,950 on 1 Feb 2007. 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 |
|---|---|
| £219,950 | 1 Feb 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 February 2007 the House Price Index for GREATER MANCHESTER was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £219,950 results in an estimated price of approximately £358,310.
| 1 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £219,950 | £138,360 | £358,310 |
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 | 79.879 % | £175,693 | £395,643 |
| 3 Month Average | 25.840 % | £56,834 | £276,784 |
| 6 Month Average | 39.729 % | £87,383 | £307,333 |
| 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 72 sq meters or 775 sq feet when measured on 28 May 2020. Using an estimated price of £358,311 means this house is valued at £4,976 per sq meter (£462 per sq foot).
The average size of a house on SIMPSON STREET is 67 sq meters (727 sq feet).