£348,502
This estimated value is based upon the latest sale price for the house of £212,000 on 16 Sep 2013. 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 |
---|---|
£212,000 | 16 Sep 2013 |
Terraced |
Leasehold |
Floor Area: 86 sq meters or 925 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 2013 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £212,000 results in an estimated price of approximately £348,502.
16 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.388 % | £212,000 | £136,502 | £348,502 |
The Postcode Pricing Model uses changes in average sales price within the M50 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 | 18.318 % | £38,834 | £250,834 |
3 Month Average | 10.776 % | £22,845 | £234,845 |
6 Month Average | 31.561 % | £66,908 | £278,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £267,684 | £263,000 | 44 MERCHANTS QUAY |
5 Sep 2022 | £371,996 | £375,000 | 25 MERCHANTS QUAY |
25 Mar 2022 | £77,720 | £75,000 | APARTMENT 314 ABITO, 4 CLIPPERS QUAY |
14 Jan 2022 | £92,086 | £87,500 | APARTMENT 606 ABITO, 4 CLIPPERS QUAY |
30 Jun 2021 | £354,065 | £330,000 | 8 MERCHANTS QUAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 Jun 2014. Using an estimated price of £348,503 means this house is valued at £4,052 per sq meter (£376 per sq foot).
The average size of a house on MERCHANTS QUAY is 101 sq meters (1,095 sq feet).