£262,473
This estimated value is based upon the latest sale price for the house of £139,995 on 29 Apr 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 |
|---|---|
| £139,995 | 29 Apr 2005 |
| £18,500 | 1 Nov 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 129 sq meters or 1,388 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 April 2005 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £139,995 results in an estimated price of approximately £262,473.
| 29 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £139,995 | £122,478 | £262,473 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 40.455 % | £56,635 | £196,630 |
| 3 Month Average | 106.628 % | £149,274 | £289,269 |
| 6 Month Average | 124.554 % | £174,369 | £314,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £77,378 | £75,000 | 11 WELLMEAD CLOSE |
| 22 Nov 2023 | £180,533 | £175,950 | 21 FAIRY LANE |
| 18 Aug 2023 | £86,561 | £85,000 | 49 WELLMEAD CLOSE |
| 28 Jun 2023 | £79,595 | £78,000 | 43 WELLMEAD CLOSE |
| 28 Feb 2023 | £157,049 | £156,000 | 59 WATERLOO ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 16 Apr 2013. Using an estimated price of £262,474 means this house is valued at £2,034 per sq meter (£189 per sq foot).
The average size of a house on WATERLOO ROAD is 72 sq meters (784 sq feet).