£267,815
This estimated value is based upon the latest sale price for the house of £139,000 on 27 Aug 2004. 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 |
|---|---|
| £139,000 | 27 Aug 2004 |
| £99,000 | 22 Feb 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 698 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 August 2004 the House Price Index for GREATER MANCHESTER was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £139,000 results in an estimated price of approximately £267,815.
| 27 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £139,000 | £128,815 | £267,815 |
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 | 19.925 % | £27,695 | £166,695 |
| 3 Month Average | 31.002 % | £43,093 | £182,093 |
| 6 Month Average | 34.823 % | £48,404 | £187,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £197,391 | £195,000 | FLAT 6 1 WHARF CLOSE |
| 21 Apr 2023 | £222,395 | £220,000 | FLAT 3 10 WHARF CLOSE |
| 20 Feb 2023 | £259,825 | £260,000 | FLAT 3 2 WHARF CLOSE |
| 31 Jan 2023 | £204,039 | £205,000 | FLAT 6 3 WHARF CLOSE |
| 18 Mar 2022 | £215,543 | £208,000 | FLAT 5 4 WHARF CLOSE |
This house has a floor area of 64 sq meters or 698 sq feet when measured on 19 Jan 2010. Using an estimated price of £267,816 means this house is valued at £4,126 per sq meter (£383 per sq foot).
The average size of a house on STORE STREET is 82 sq meters (884 sq feet).