£181,980
This estimated value is based upon the latest sale price for the house of £145,000 on 29 Jan 2018. 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 |
|---|---|
| £145,000 | 29 Jan 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 584 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 January 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £145,000 results in an estimated price of approximately £181,980.
| 29 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £145,000 | £36,980 | £181,980 |
The Postcode Pricing Model uses changes in average sales price within the M5 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 | 25.575 % | £37,084 | £182,084 |
| 3 Month Average | 29.217 % | £42,364 | £187,364 |
| 6 Month Average | 11.254 % | £16,318 | £161,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £175,000 | £175,000 | APARTMENT 40 ADAMSON HOUSE, 4 ELMIRA WAY |
| 4 Dec 2023 | £183,309 | £180,102 | APARTMENT 38 ADAMSON HOUSE, 4 ELMIRA WAY |
| 25 Aug 2023 | £166,456 | £165,000 | APARTMENT 45 ADAMSON HOUSE, 4 ELMIRA WAY |
| 16 Jun 2023 | £170,060 | £168,000 | APARTMENT 39 ADAMSON HOUSE, 4 ELMIRA WAY |
| 26 Jul 2022 | £206,556 | £206,000 | APARTMENT 19 PLATT HOUSE, 5 ELMIRA WAY |
This house has a floor area of 54 sq meters or 584 sq feet when measured on 3 Sep 2010. Using an estimated price of £181,981 means this house is valued at £3,352 per sq meter (£311 per sq foot).
The average size of a house on ELMIRA WAY is 60 sq meters (646 sq feet).