£248,922
This estimated value is based upon the latest sale price for the house of £158,000 on 20 Mar 2008. 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 |
---|---|
£158,000 | 20 Mar 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 703 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 March 2008 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £158,000 results in an estimated price of approximately £248,922.
20 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.546 % | £158,000 | £90,922 | £248,922 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 163.740 % | £258,709 | £416,709 |
3 Month Average | 28.608 % | £45,200 | £203,200 |
6 Month Average | 37.748 % | £59,641 | £217,641 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £284,639 | £281,000 | 25 CECIL STREET |
20 Jan 2023 | £148,301 | £149,000 | APARTMENT 18 99 DENMARK ROAD |
22 Nov 2019 | £182,740 | £149,000 | APARTMENT 9 99 DENMARK ROAD |
9 Aug 2019 | £215,349 | £175,000 | APARTMENT 71 99 DENMARK ROAD |
1 Mar 2019 | £179,131 | £145,000 | APARTMENT 16 99 DENMARK ROAD |
This house has a floor area of 65 sq meters or 703 sq feet when measured on 15 Sep 2010. Using an estimated price of £248,923 means this house is valued at £3,810 per sq meter (£353 per sq foot).
The average size of a house on DENMARK ROAD is 71 sq meters (774 sq feet).