£119,170
This estimated value is based upon the latest sale price for the house of £115,000 on 9 Mar 2022. 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 |
|---|---|
| £115,000 | 9 Mar 2022 |
| £88,000 | 20 May 2016 |
| £97,950 | 30 Mar 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 March 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £115,000 results in an estimated price of approximately £119,170.
| 9 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £115,000 | £4,170 | £119,170 |
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 | 25.287 % | £29,080 | £144,080 |
| 3 Month Average | 41.810 % | £48,081 | £163,081 |
| 6 Month Average | 42.892 % | £49,325 | £164,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £87,000 | £87,000 | APARTMENT 41 7 STILLWATER DRIVE |
| 28 Jul 2023 | £136,842 | £135,000 | APARTMENT 24 2 THE WATERFRONT |
| 10 Jan 2023 | £122,423 | £123,000 | APARTMENT 21 7 STILLWATER DRIVE |
| 1 Sep 2022 | £173,598 | £175,000 | APARTMENT 35 2 THE WATERFRONT |
| 8 Jul 2022 | £161,435 | £161,000 | APARTMENT 33 2 THE WATERFRONT |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 Dec 2015. Using an estimated price of £119,170 means this house is valued at £2,090 per sq meter (£194 per sq foot).
The average size of a house on THE WATERFRONT is 66 sq meters (720 sq feet).