£212,934
This estimated value is based upon the latest sale price for the house of £168,000 on 15 Sep 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 |
|---|---|
| £168,000 | 15 Sep 2017 |
| £140,175 | 18 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 639 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 September 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £168,000 results in an estimated price of approximately £212,934.
| 15 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £168,000 | £44,934 | £212,934 |
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 | 82.859 % | £139,203 | £307,203 |
| 3 Month Average | 36.733 % | £61,711 | £229,711 |
| 6 Month Average | 27.270 % | £45,814 | £213,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2022 | £183,457 | £180,000 | APARTMENT 35 EGERTON HOUSE, 3 ELMIRA WAY |
| 30 May 2022 | £179,380 | £176,000 | APARTMENT 38 EGERTON HOUSE, 3 ELMIRA WAY |
| 25 May 2022 | £174,794 | £171,500 | APARTMENT 32 EGERTON HOUSE, 3 ELMIRA WAY |
| 18 May 2022 | £183,966 | £180,500 | APARTMENT 25 ADAMSON HOUSE, 4 ELMIRA WAY |
| 14 Apr 2022 | £161,678 | £157,000 | APARTMENT 40 EGERTON HOUSE, 3 ELMIRA WAY |
This house has a floor area of 59 sq meters or 639 sq feet when measured on 8 Jul 2011. Using an estimated price of £212,934 means this house is valued at £3,584 per sq meter (£333 per sq foot).
The average size of a house on ELMIRA WAY is 60 sq meters (646 sq feet).