£221,672
This estimated value is based upon the latest sale price for the house of £56,500 on 4 Feb 2000. 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 |
---|---|
£56,500 | 4 Feb 2000 |
Terraced |
Leasehold |
Floor Area: 79 sq meters or 850 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 February 2000 the House Price Index for GREATER MANCHESTER was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £56,500 results in an estimated price of approximately £221,672.
4 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.9 | 148.6 | 292.341 % | £56,500 | £165,172 | £221,672 |
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 | 65.810 % | £37,182 | £93,682 |
3 Month Average | 129.156 % | £72,973 | £129,473 |
6 Month Average | 142.470 % | £80,495 | £136,995 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £253,757 | £250,000 | FLAT 25 SACKVILLE PLACE BOMBAY STREET |
13 Feb 2023 | £202,863 | £203,000 | FLAT 31 GRANBY HOUSE GRANBY ROW |
31 Jan 2023 | £139,344 | £140,000 | FLAT 8 GRANBY HOUSE GRANBY ROW |
20 Jul 2022 | £195,526 | £195,000 | FLAT 55 GRANBY HOUSE GRANBY ROW |
6 Jul 2022 | £235,634 | £235,000 | FLAT 11 GRANBY HOUSE GRANBY ROW |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Feb 2015. Using an estimated price of £221,672 means this house is valued at £2,805 per sq meter (£260 per sq foot).
The average size of a house on GRANBY ROW is 55 sq meters (597 sq feet).