£152,159
This estimated value is based upon the latest sale price for the house of £60,000 on 3 Dec 2002. 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 |
|---|---|
| £60,000 | 3 Dec 2002 |
| Terraced |
| Leasehold |
| Floor Area: 130 sq meters or 1,407 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 2002 the House Price Index for GREATER MANCHESTER was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £60,000 results in an estimated price of approximately £152,159.
| 3 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £60,000 | £92,159 | £152,159 |
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 | 125.506 % | £75,303 | £135,303 |
| 3 Month Average | 156.388 % | £93,833 | £153,833 |
| 6 Month Average | 164.113 % | £98,468 | £158,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Oct 2021 | £244,642 | £221,100 | 2 SUDBURY CLOSE |
| 16 Sep 2020 | £106,805 | £89,950 | APARTMENT 146 50 MANCHESTER STREET |
| 24 Apr 2020 | £116,620 | £95,000 | APARTMENT 98 50 MANCHESTER STREET |
| 18 Dec 2019 | £110,409 | £90,000 | APARTMENT 66 50 MANCHESTER STREET |
| 11 Dec 2019 | £104,275 | £85,000 | APARTMENT 67 50 MANCHESTER STREET |
This house has a floor area of 130 sq meters or 1,407 sq feet when measured on 23 Dec 2008. Using an estimated price of £152,160 means this house is valued at £1,163 per sq meter (£108 per sq foot).
There is one other house on the street which we know the size of, this is FLAT A 621 STRETFORD ROAD it is 58.14