£497,055
This estimated value is based upon the latest sale price for the house of £196,000 on 23 Dec 2002. 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 |
---|---|
£196,000 | 23 Dec 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 850 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 December 2002 the House Price Index for GREATER MANCHESTER was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £196,000 results in an estimated price of approximately £497,055.
23 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 148.6 | 153.600 % | £196,000 | £301,055 | £497,055 |
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 | 20.352 % | £39,889 | £235,889 |
3 Month Average | 38.478 % | £75,416 | £271,416 |
6 Month Average | 62.872 % | £123,228 | £319,228 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £288,691 | £285,000 | APARTMENT 34 THE FOUNDRY, 2A LOWER CHATHAM STREET |
19 Sep 2023 | £288,691 | £285,000 | B12 CHORLTON MILL, 3 CAMBRIDGE STREET |
14 Oct 2022 | £212,710 | £215,000 | B3 CHORLTON MILL, 3 CAMBRIDGE STREET |
6 Jul 2022 | £220,594 | £220,000 | APARTMENT 24 THE FOUNDRY, 2A LOWER CHATHAM STREET |
8 Apr 2022 | £175,066 | £170,000 | 213 CHORLTON MILL, 3 CAMBRIDGE STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 5 Oct 2015. Using an estimated price of £497,056 means this house is valued at £6,291 per sq meter (£584 per sq foot).
The average size of a house on LOWER CHATHAM STREET is 64 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |