£424,320
This estimated value is based upon the latest sale price for the house of £272,500 on 22 Apr 2014. 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 |
---|---|
£272,500 | 22 Apr 2014 |
£275,000 | 4 Feb 2005 |
£205,000 | 30 Apr 2003 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £272,500 results in an estimated price of approximately £424,320.
22 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £272,500 | £151,820 | £424,320 |
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 | 38.217 % | £104,140 | £376,640 |
3 Month Average | 17.355 % | £47,291 | £319,791 |
6 Month Average | 57.839 % | £157,610 | £430,110 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £534,349 | £525,000 | 14 WELMAN WAY |
19 Aug 2023 | £539,722 | £535,000 | 38 WELMAN WAY |
28 Mar 2023 | £439,137 | £435,000 | 19 WELMAN WAY |
2 Nov 2022 | £666,922 | £675,000 | 61 WELMAN WAY |
30 Mar 2022 | £621,757 | £600,000 | 33 WELMAN WAY |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 23 Jul 2013. Using an estimated price of £424,320 means this house is valued at £3,689 per sq meter (£342 per sq foot).
The average size of a house on WELMAN WAY is 117 sq meters (1,261 sq feet).