£195,632
This estimated value is based upon the latest sale price for the house of £115,000 on 22 Oct 2010. 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 |
---|---|
£115,000 | 22 Oct 2010 |
£103,000 | 23 Nov 2001 |
£58,000 | 21 Mar 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 October 2010 the House Price Index for GREATER MANCHESTER was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £115,000 results in an estimated price of approximately £195,632.
22 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £115,000 | £80,632 | £195,632 |
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 | 39.091 % | £44,954 | £159,954 |
3 Month Average | 55.936 % | £64,325 | £179,325 |
6 Month Average | 55.400 % | £63,710 | £178,710 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £181,170 | £178,000 | APARTMENT 55 VELVET COURT GRANBY ROW |
15 Sep 2023 | £177,267 | £175,000 | APARTMENT 33 VELVET HOUSE, 60 SACKVILLE STREET |
30 Jun 2023 | £182,207 | £180,000 | APARTMENT 41 VELVET COURT GRANBY ROW |
6 Jun 2023 | £164,999 | £163,000 | APARTMENT 44 VELVET COURT GRANBY ROW |
2 Jun 2023 | £349,230 | £345,000 | APARTMENT 31 VELVET COURT GRANBY ROW |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 25 Feb 2020. Using an estimated price of £195,632 means this house is valued at £4,252 per sq meter (£395 per sq foot).
The average size of a house on GRANBY ROW is 55 sq meters (597 sq feet).