£187,878
This estimated value is based upon the latest sale price for the house of £144,950 on 6 Mar 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 |
|---|---|
| £144,950 | 6 Mar 2017 |
| £139,500 | 6 Feb 2008 |
| £125,000 | 11 Nov 2005 |
| £117,000 | 22 Aug 2002 |
| £91,995 | 27 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 March 2017 the House Price Index for GREATER MANCHESTER was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £144,950 results in an estimated price of approximately £187,878.
| 6 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £144,950 | £42,928 | £187,878 |
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 | -31.779 % | £-46,063 | £98,886 |
| 3 Month Average | 14.397 % | £20,868 | £165,818 |
| 6 Month Average | -7.784 % | £-11,283 | £133,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £101,295 | £100,000 | FLAT 38 LANCASTER HOUSE, 71 WHITWORTH STREET |
| 18 Nov 2022 | £182,885 | £185,100 | FLAT 20 LANCASTER HOUSE, 80 PRINCESS STREET |
| 18 Nov 2022 | £209,463 | £212,000 | FLAT 27 LANCASTER HOUSE, 80 PRINCESS STREET |
| 11 Oct 2022 | £207,763 | £210,000 | FLAT 24 LANCASTER HOUSE, 80 PRINCESS STREET |
| 31 May 2022 | £219,129 | £215,000 | FLAT 37 LANCASTER HOUSE, 80 PRINCESS STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 31 Oct 2013. Using an estimated price of £187,878 means this house is valued at £3,683 per sq meter (£342 per sq foot).
The average size of a house on PRINCESS STREET is 61 sq meters (656 sq feet).