£156,025
This estimated value is based upon the latest sale price for the house of £124,995 on 6 Apr 2018. 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 |
---|---|
£124,995 | 6 Apr 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 April 2018 the House Price Index for GREATER MANCHESTER was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £124,995 results in an estimated price of approximately £156,025.
6 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £124,995 | £31,030 | £156,025 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 34.612 % | £43,263 | £168,258 |
3 Month Average | 23.244 % | £29,053 | £154,048 |
6 Month Average | 37.878 % | £47,345 | £172,340 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2023 | £253,238 | £250,000 | 169 - 171 CROSS STREET |
18 Aug 2023 | £252,206 | £250,000 | APARTMENT 17 MAPLE COURT 145-149 CROSS STREET |
26 Jun 2023 | £254,078 | £251,000 | 19 GORDON AVENUE |
2 Jun 2023 | £286,470 | £283,000 | APARTMENT 34 MAPLE COURT, 145 - 149 CROSS STREET |
27 Jan 2023 | £288,640 | £290,000 | 27 GORDON AVENUE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 31 Jan 2018. Using an estimated price of £156,025 means this house is valued at £3,628 per sq meter (£337 per sq foot).
The average size of a house on CROSS STREET is 76 sq meters (825 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).