£128,656
This estimated value is based upon the latest sale price for the house of £122,250 on 28 Jan 2022. 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 |
|---|---|
| £122,250 | 28 Jan 2022 |
| £83,995 | 3 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 January 2022 the House Price Index for GREATER MANCHESTER was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £122,250 results in an estimated price of approximately £128,656.
| 28 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £122,250 | £6,406 | £128,656 |
The Postcode Pricing Model uses changes in average sales price within the M27 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 | 345.435 % | £422,293 | £544,543 |
| 3 Month Average | 42.200 % | £51,589 | £173,839 |
| 6 Month Average | 17.057 % | £20,851 | £143,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £279,897 | £275,000 | 6 GIANTS SEAT GROVE |
| 3 Nov 2023 | £132,055 | £130,100 | APARTMENT 4 UNDERWOOD COURT, 9 GIANTS SEAT GROVE |
| 8 Sep 2023 | £139,281 | £137,500 | APARTMENT 9 SCOTT COURT, 5 GIANTS SEAT GROVE |
| 18 Aug 2023 | £201,765 | £200,000 | 30 KILCOBY AVENUE |
| 28 Jul 2023 | £124,678 | £123,000 | APARTMENT 4 SCOTT COURT, 5 GIANTS SEAT GROVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 8 Jun 2021. Using an estimated price of £128,657 means this house is valued at £2,257 per sq meter (£209 per sq foot).