£251,866
This estimated value is based upon the latest sale price for the house of £162,000 on 2 Oct 2007. 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 |
---|---|
£162,000 | 2 Oct 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 October 2007 the House Price Index for GREATER MANCHESTER was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £162,000 results in an estimated price of approximately £251,866.
2 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £162,000 | £89,866 | £251,866 |
The Postcode Pricing Model uses changes in average sales price within the M50 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 | 2.494 % | £4,039 | £166,039 |
3 Month Average | -16.307 % | £-26,417 | £135,582 |
6 Month Average | -7.101 % | £-11,504 | £150,495 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £151,943 | £150,000 | APARTMENT 110 HUDSON COURT, 54 BROADWAY |
20 Apr 2023 | £149,105 | £147,500 | APARTMENT 512 MADISON COURT, 52 BROADWAY |
31 Mar 2023 | £176,664 | £175,000 | APARTMENT 508 MADISON COURT, 52 BROADWAY |
17 Mar 2023 | £164,550 | £163,000 | APARTMENT 412 MADISON COURT, 52 BROADWAY |
2 Mar 2023 | £134,770 | £133,500 | APARTMENT 206 HUDSON COURT, 54 BROADWAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 19 Dec 2019. Using an estimated price of £251,867 means this house is valued at £4,579 per sq meter (£425 per sq foot).
The average size of a house on BROADWAY is 52 sq meters (567 sq feet).