£100,269
This estimated value is based upon the latest sale price for the house of £58,000 on 17 Oct 2011. 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 |
|---|---|
| £58,000 | 17 Oct 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 October 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £58,000 results in an estimated price of approximately £100,269.
| 17 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £58,000 | £42,269 | £100,269 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | 47.194 % | £27,372 | £85,372 |
| 3 Month Average | 82.731 % | £47,983 | £105,983 |
| 6 Month Average | 74.703 % | £43,327 | £101,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2019 | £104,275 | £85,000 | APARTMENT 67 50 MANCHESTER STREET |
| 18 Jul 2017 | £165,672 | £129,950 | APARTMENT 88 50 MANCHESTER STREET |
| 19 Aug 2016 | £155,775 | £117,000 | APARTMENT 129 50 MANCHESTER STREET |
| 31 Mar 2016 | £121,499 | £89,950 | APARTMENT 123 50 MANCHESTER STREET |
| 30 Mar 2016 | £131,022 | £97,000 | APARTMENT 73 50 MANCHESTER STREET |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 25 Mar 2019. Using an estimated price of £100,269 means this house is valued at £2,638 per sq meter (£245 per sq foot).
The average size of a house on MANCHESTER STREET is 56 sq meters (609 sq feet).