£157,820
This estimated value is based upon the latest sale price for the house of £115,000 on 22 Jan 2016. 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 |
---|---|
£115,000 | 22 Jan 2016 |
£94,500 | 13 Jan 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 2016 the House Price Index for GREATER MANCHESTER was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £115,000 results in an estimated price of approximately £157,820.
22 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £115,000 | £42,820 | £157,820 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 182.268 % | £209,608 | £324,608 |
3 Month Average | 34.942 % | £40,183 | £155,183 |
6 Month Average | 33.889 % | £38,972 | £153,972 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £201,990 | £199,000 | APARTMENT 85 LAKE HOUSE, 66 ELLESMERE STREET |
21 Jun 2023 | £222,698 | £220,000 | APARTMENT 5 BROOK HOUSE, 64 ELLESMERE STREET |
16 Jun 2023 | £183,219 | £181,000 | APARTMENT 16 LAKE HOUSE, 66 ELLESMERE STREET |
23 Feb 2023 | £196,868 | £197,000 | APARTMENT 51 LAKE HOUSE, 66 ELLESMERE STREET |
10 Feb 2023 | £219,852 | £220,000 | APARTMENT 2 BROOK HOUSE, 64 ELLESMERE STREET |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 16 Aug 2019. Using an estimated price of £157,821 means this house is valued at £3,757 per sq meter (£349 per sq foot).
The average size of a house on ELLESMERE STREET is 64 sq meters (692 sq feet).