£166,563
This estimated value is based upon the latest sale price for the house of £130,000 on 1 Jun 2017. 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 |
---|---|
£130,000 | 1 Jun 2017 |
£36,500 | 21 Nov 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 605 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 June 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £130,000 results in an estimated price of approximately £166,563.
1 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £130,000 | £36,563 | £166,563 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 48.879 % | £63,543 | £193,543 |
3 Month Average | 48.819 % | £63,465 | £193,465 |
6 Month Average | 60.665 % | £78,864 | £208,864 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £172,555 | £170,000 | APARTMENT 11 ELLERSLIE COURT UPPER PARK ROAD |
8 Sep 2023 | £126,619 | £125,000 | APARTMENT 20 ELLERSLIE COURT UPPER PARK ROAD |
5 Oct 2022 | £573,822 | £580,000 | FLAT 1 BROOKFIELD VILLA UPPER PARK ROAD |
29 Jul 2022 | £140,378 | £140,000 | FLAT 10 LANE COURT, 2 CONYNGHAM ROAD |
13 May 2022 | £198,745 | £195,000 | FLAT 6 LANE COURT, 2 CONYNGHAM ROAD |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 26 Mar 2011. Using an estimated price of £166,563 means this house is valued at £2,962 per sq meter (£275 per sq foot).
The average size of a house on UPPER PARK ROAD is 67 sq meters (724 sq feet).