£558,265
This estimated value is based upon the latest sale price for the house of £550,000 on 23 Nov 2023. 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 |
|---|---|
| £550,000 | 23 Nov 2023 |
| £290,000 | 22 Oct 2010 |
| £250,000 | 2 Nov 2006 |
| Terraced |
| Leasehold |
| Floor Area: 111 sq meters or 1,203 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 November 2023 the House Price Index for GREATER MANCHESTER was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £550,000 results in an estimated price of approximately £558,265.
| 23 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £550,000 | £8,265 | £558,265 |
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 | -5.027 % | £-27,650 | £522,349 |
| 3 Month Average | -16.464 % | £-90,551 | £459,448 |
| 6 Month Average | -14.848 % | £-81,665 | £468,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £535,041 | £530,000 | 133 MERCHANTS QUAY |
| 19 Nov 2021 | £258,482 | £239,000 | 74 MERCHANTS QUAY |
| 28 Oct 2021 | £276,620 | £250,000 | 62 MERCHANTS QUAY |
| 29 Sep 2021 | £398,709 | £370,000 | 93 MERCHANTS QUAY |
| 25 Jun 2021 | £225,314 | £210,000 | 39 MERCHANTS QUAY |
This house has a floor area of 111 sq meters or 1,203 sq feet when measured on 8 Oct 2010.
The average size of a house on MERCHANTS QUAY is 101 sq meters (1,095 sq feet).