£325,311
This estimated value is based upon the latest sale price for the house of £185,000 on 15 May 2006. 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 |
|---|---|
| £185,000 | 15 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 May 2006 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £185,000 results in an estimated price of approximately £325,311.
| 15 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £185,000 | £140,311 | £325,311 |
The Postcode Pricing Model uses changes in average sales price within the M4 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 | 69.950 % | £129,408 | £314,408 |
| 3 Month Average | 47.100 % | £87,135 | £272,135 |
| 6 Month Average | 38.409 % | £71,056 | £256,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2021 | £210,605 | £185,000 | APARTMENT 212 MASSON PLACE, 1 HORNBEAM WAY |
| 11 Dec 2020 | £216,211 | £187,000 | APARTMENT 803 MASSON PLACE, 1 HORNBEAM WAY |
| 20 Mar 2020 | £155,309 | £128,000 | APARTMENT 106 MASSON PLACE, 1 HORNBEAM WAY |
| 28 Feb 2020 | £171,324 | £139,000 | APARTMENT 617 MASSON PLACE, 1 HORNBEAM WAY |
| 5 Apr 2019 | £180,646 | £145,000 | APARTMENT 517 MASSON PLACE, 1 HORNBEAM WAY |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 7 Jan 2021. Using an estimated price of £325,311 means this house is valued at £4,928 per sq meter (£457 per sq foot).
The average size of a house on HORNBEAM WAY is 62 sq meters (673 sq feet).