£256,345
This estimated value is based upon the latest sale price for the house of £221,111 on 19 Nov 2020. 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 |
---|---|
£221,111 | 19 Nov 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £221,111 results in an estimated price of approximately £256,345.
19 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £221,111 | £35,234 | £256,345 |
The Postcode Pricing Model uses changes in average sales price within the M1 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 | -22.776 % | £-50,359 | £170,751 |
3 Month Average | -22.303 % | £-49,315 | £171,795 |
6 Month Average | -13.654 % | £-30,190 | £190,920 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £117,502 | £116,000 | APARTMENT 28 VENICE COURT SAMUEL OGDEN STREET |
4 Sep 2023 | £481,152 | £475,000 | FLAT 20 BOMBAY HOUSE, 59 WHITWORTH STREET |
26 Jul 2023 | £275,711 | £272,000 | APARTMENT 10 COTTON MILL, 7 SAMUEL OGDEN STREET |
9 Nov 2022 | £419,914 | £425,000 | APARTMENT 24 CITY HEIGHTS, 1 SAMUEL OGDEN STREET |
7 Jun 2022 | £273,870 | £270,000 | FLAT 709 CARDING BUILDING, 42 WHITWORTH STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 14 Sep 2020. Using an estimated price of £256,346 means this house is valued at £4,929 per sq meter (£457 per sq foot).
The average size of a house on WHITWORTH STREET is 63 sq meters (687 sq feet).