£360,655
This estimated value is based upon the latest sale price for the house of £85,750 on 22 Sep 1999. 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 |
---|---|
£85,750 | 22 Sep 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 September 1999 the House Price Index for GREATER MANCHESTER was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £85,750 results in an estimated price of approximately £360,655.
22 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.3 | 148.6 | 320.589 % | £85,750 | £274,905 | £360,655 |
The Postcode Pricing Model uses changes in average sales price within the M1 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 | 124.649 % | £106,886 | £192,636 |
3 Month Average | 165.743 % | £142,125 | £227,875 |
6 Month Average | 166.593 % | £142,853 | £228,603 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £253,757 | £250,000 | FLAT 25 SACKVILLE PLACE BOMBAY STREET |
15 Sep 2023 | £177,267 | £175,000 | APARTMENT 33 VELVET HOUSE, 60 SACKVILLE STREET |
2 Jun 2023 | £349,230 | £345,000 | APARTMENT 31 VELVET COURT GRANBY ROW |
28 Apr 2023 | £267,884 | £265,000 | FLAT 53 SACKVILLE PLACE BOMBAY STREET |
12 Sep 2022 | £192,446 | £194,000 | APARTMENT 18 VELVET HOUSE, 60 SACKVILLE STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 20 Feb 2020. Using an estimated price of £360,655 means this house is valued at £5,548 per sq meter (£515 per sq foot).
The average size of a house on BOMBAY STREET is 67 sq meters (722 sq feet).