£2,575,278
This estimated value is based upon the latest sale price for the house of £2,100,000 on 4 Oct 2019. 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 |
|---|---|
| £2,100,000 | 4 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 198 sq meters or 2,131 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 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £2,100,000 results in an estimated price of approximately £2,575,278.
| 4 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £2,100,000 | £475,278 | £2,575,278 |
The Postcode Pricing Model uses changes in average sales price within the M2 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 | 3417.088 % | £71,758,856 | £73,858,856 |
| 3 Month Average | 633.562 % | £13,304,795 | £15,404,795 |
| 6 Month Average | 78.869 % | £1,656,258 | £3,756,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £279,949 | £277,500 | APARTMENT 403 37 CROSS STREET |
| 28 Jun 2022 | £3,895,045 | £3,840,000 | 77A MOSLEY STREET |
| 17 Jun 2022 | £33,619,111 | £33,144,006 | SHIP CANAL HOUSE, 98 KING STREET |
| 8 Dec 2021 | £7,170,571 | £6,692,854 | CLARENCE HOUSE, 2 CLARENCE STREET |
| 26 Nov 2021 | £470,459 | £435,000 | FLAT 12 THE CHAMBERS, 2 - 6 BOOTH STREET |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 25 Jun 2019. Using an estimated price of £2,575,278 means this house is valued at £13,006 per sq meter (£1,208 per sq foot).