£126,705
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Jul 2023. 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 |
---|---|
£125,000 | 14 Jul 2023 |
£134,995 | 14 Nov 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 87 sq meters or 936 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 July 2023 the House Price Index for GREATER MANCHESTER was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £125,000 results in an estimated price of approximately £126,705.
14 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.6 | 1.364 % | £125,000 | £1,705 | £126,705 |
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 | -28.093 % | £-35,116 | £89,883 |
3 Month Average | 11.353 % | £14,191 | £139,191 |
6 Month Average | 1.668 % | £2,084 | £127,084 |
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 |
2 Aug 2023 | £114,703 | £113,700 | FLAT 14 MANOR LODGE AGECROFT ROAD |
28 Jul 2023 | £124,678 | £123,000 | APARTMENT 4 SCOTT COURT, 5 GIANTS SEAT GROVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 31 Dec 2020. Using an estimated price of £126,705 means this house is valued at £1,456 per sq meter (£135 per sq foot).
The average size of a house on GIANTS SEAT GROVE is 68 sq meters (733 sq feet).
This house is the largest in the street with a floor area of 87 sq meters (936 sq feet).