£286,143
This estimated value is based upon the latest sale price for the house of £155,000 on 28 Jun 2005. 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 |
|---|---|
| £155,000 | 28 Jun 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 June 2005 the House Price Index for GREATER MANCHESTER was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £155,000 results in an estimated price of approximately £286,143.
| 28 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £155,000 | £131,143 | £286,143 |
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 | 16.552 % | £25,655 | £180,655 |
| 3 Month Average | 50.994 % | £79,040 | £234,040 |
| 6 Month Average | 55.256 % | £85,646 | £240,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jan 2023 | £241,861 | £243,000 | APARTMENT 7 1 RIVER STREET |
| 21 Jul 2022 | £225,607 | £225,000 | FLAT 9 WAKEFIELD HOUSE, 9A NEW WAKEFIELD STREET |
| 27 Jun 2022 | £263,727 | £260,000 | FLAT 30 THE GREEN BUILDING, 19 NEW WAKEFIELD STREET |
| 18 Mar 2022 | £186,527 | £180,000 | APARTMENT 1 1 RIVER STREET |
| 25 Feb 2022 | £235,956 | £225,000 | APARTMENT 19 1 RIVER STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 18 Jul 2019. Using an estimated price of £286,143 means this house is valued at £6,654 per sq meter (£618 per sq foot).
The average size of a house on NEW WAKEFIELD STREET is 64 sq meters (689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |