£198,840
This estimated value is based upon the latest sale price for the house of £117,500 on 30 Nov 2012. 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 |
---|---|
£117,500 | 30 Nov 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 657 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 2012 the House Price Index for GREATER MANCHESTER was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £117,500 results in an estimated price of approximately £198,840.
30 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 148.6 | 69.226 % | £117,500 | £81,340 | £198,840 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 116.653 % | £137,067 | £254,567 |
3 Month Average | 106.905 % | £125,613 | £243,113 |
6 Month Average | 99.974 % | £117,470 | £234,970 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £129,913 | £130,000 | FLAT 23 CROWN HOUSE, 1 LAURISTON CLOSE |
27 Jan 2023 | £149,297 | £150,000 | FLAT 46 BEECH HOUSE, 2 LAURISTON CLOSE |
13 Sep 2022 | £140,862 | £142,000 | FLAT 22 BEECH HOUSE, 2 LAURISTON CLOSE |
21 Jan 2022 | £150,494 | £143,000 | FLAT 31 BEECH HOUSE, 2 LAURISTON CLOSE |
7 Jan 2022 | £152,599 | £145,000 | FLAT 32 BEECH HOUSE, 2 LAURISTON CLOSE |
This house has a floor area of 61 sq meters or 657 sq feet when measured on 6 May 2011. Using an estimated price of £198,840 means this house is valued at £3,254 per sq meter (£302 per sq foot).
The average size of a house on ALTRINCHAM ROAD is 68 sq meters (732 sq feet).