£231,184
This estimated value is based upon the latest sale price for the house of £155,000 on 8 Dec 2014. 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 |
|---|---|
| £155,000 | 8 Dec 2014 |
| £150,200 | 18 Sep 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 December 2014 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £155,000 results in an estimated price of approximately £231,184.
| 8 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £155,000 | £76,184 | £231,184 |
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 | 36.051 % | £55,878 | £210,878 |
| 3 Month Average | 22.852 % | £35,420 | £190,420 |
| 6 Month Average | 42.274 % | £65,525 | £220,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2022 | £206,055 | £205,500 | APARTMENT 411 5 PICCADILLY PLACE |
| 9 May 2021 | £237,308 | £210,000 | APARTMENT 402 5 PICCADILLY PLACE |
| 12 Nov 2019 | £230,510 | £187,950 | APARTMENT 703 5 PICCADILLY PLACE |
| 22 Oct 2019 | £241,586 | £197,000 | APARTMENT 513 5 PICCADILLY PLACE |
| 15 Jul 2019 | £242,975 | £197,000 | APARTMENT 1005 5 PICCADILLY PLACE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 26 Aug 2014. Using an estimated price of £231,184 means this house is valued at £4,128 per sq meter (£383 per sq foot).
The average size of a house on PICCADILLY PLACE is 56 sq meters (609 sq feet).