£441,292
This estimated value is based upon the latest sale price for the house of £189,950 on 7 Jul 2003. 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 |
---|---|
£189,950 | 7 Jul 2003 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 July 2003 the House Price Index for GREATER MANCHESTER was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £189,950 results in an estimated price of approximately £441,292.
7 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.0 | 148.6 | 132.320 % | £189,950 | £251,342 | £441,292 |
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 | 37.151 % | £70,568 | £260,518 |
3 Month Average | 54.112 % | £102,786 | £292,736 |
6 Month Average | 52.771 % | £100,238 | £290,188 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £201,852 | £199,950 | FLAT 403 115 PRINCESS STREET |
7 Oct 2022 | £623,289 | £630,000 | 50 RICHMOND STREET |
12 Aug 2022 | £188,393 | £188,900 | FLAT 105 115 PRINCESS STREET |
29 Jul 2022 | £162,437 | £162,000 | FLAT 102 63 BLOOM STREET |
14 Jul 2022 | £260,702 | £260,000 | FLAT 405 63 BLOOM STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 17 Sep 2021. Using an estimated price of £441,293 means this house is valued at £4,243 per sq meter (£394 per sq foot).
The average size of a house on RICHMOND STREET is 143 sq meters (1,547 sq feet).