£648,754
This estimated value is based upon the latest sale price for the house of £499,000 on 15 Feb 2017. 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 |
---|---|
£499,000 | 15 Feb 2017 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 February 2017 the House Price Index for GREATER MANCHESTER was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £499,000 results in an estimated price of approximately £648,754.
15 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £499,000 | £149,754 | £648,754 |
The Postcode Pricing Model uses changes in average sales price within the WA15 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 | 44.437 % | £221,743 | £720,743 |
3 Month Average | -10.041 % | £-50,102 | £448,897 |
6 Month Average | 22.106 % | £110,306 | £609,306 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £223,001 | £220,000 | APARTMENT 71 NEW COPPER MOSS |
14 Jul 2023 | £268,615 | £265,000 | APARTMENT 81 NEW COPPER MOSS |
30 Jan 2023 | £228,922 | £230,000 | APARTMENT 6 NEW COPPER MOSS |
30 Jan 2023 | £378,218 | £380,000 | 11 URBAN DRIVE |
29 Apr 2022 | £216,258 | £210,000 | APARTMENT 51 NEW COPPER MOSS |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 4 Oct 2016. Using an estimated price of £648,755 means this house is valued at £4,805 per sq meter (£446 per sq foot).
The average size of a house on WELMAN WAY is 117 sq meters (1,261 sq feet).