£270,565
This estimated value is based upon the latest sale price for the house of £175,000 on 9 May 2014. 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 |
|---|---|
| £175,000 | 9 May 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2014 the House Price Index for GREATER MANCHESTER was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £175,000 results in an estimated price of approximately £270,565.
| 9 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £175,000 | £95,565 | £270,565 |
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 | 34.972 % | £61,200 | £236,200 |
| 3 Month Average | 11.937 % | £20,889 | £195,889 |
| 6 Month Average | 26.699 % | £46,722 | £221,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £248,173 | £245,000 | APARTMENT 1013 NUMBER ONE PINK |
| 26 Jun 2023 | £202,452 | £200,000 | APARTMENT 403 NUMBER ONE PINK |
| 7 Jun 2023 | £198,403 | £196,000 | APARTMENT 303 NUMBER ONE PINK |
| 17 May 2021 | £129,954 | £115,000 | APARTMENT 402 NUMBER ONE PINK |
| 15 Jul 2020 | £224,912 | £186,000 | APARTMENT 1703 NUMBER ONE PINK |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 16 Jun 2021. Using an estimated price of £270,565 means this house is valued at £6,012 per sq meter (£558 per sq foot).
The average size of a house on PINK is 50 sq meters (546 sq feet).