£322,437
This estimated value is based upon the latest sale price for the house of £99,950 on 26 Nov 2001. 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 |
---|---|
£99,950 | 26 Nov 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 November 2001 the House Price Index for GREATER MANCHESTER was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £99,950 results in an estimated price of approximately £322,437.
26 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 149.7 | 222.599 % | £99,950 | £222,487 | £322,437 |
The Postcode Pricing Model uses changes in average sales price within the M1 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 | 91.487 % | £91,441 | £191,391 |
3 Month Average | 88.290 % | £88,246 | £188,196 |
6 Month Average | 106.744 % | £106,690 | £206,640 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £246,251 | £240,000 | APARTMENT 40 39 CHAPELTOWN STREET |
14 Jun 2023 | £198,988 | £195,000 | FLAT 6 1 WHARF CLOSE |
21 Apr 2023 | £224,193 | £220,000 | FLAT 3 10 WHARF CLOSE |
20 Feb 2023 | £261,748 | £260,000 | FLAT 3 2 WHARF CLOSE |
31 Jan 2023 | £205,549 | £205,000 | FLAT 6 3 WHARF CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Mar 2014. Using an estimated price of £322,438 means this house is valued at £4,416 per sq meter (£410 per sq foot).
The average size of a house on STORE STREET is 82 sq meters (884 sq feet).
This house is the largest in the street with a floor area of 73 sq meters (785 sq feet).