£394,006
This estimated value is based upon the latest sale price for the house of £249,950 on 20 Jul 2007. 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 |
|---|---|
| £249,950 | 20 Jul 2007 |
| £202,995 | 20 Dec 2002 |
| Terraced |
| Freehold |
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 July 2007 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £249,950 results in an estimated price of approximately £394,006.
| 20 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £249,950 | £144,056 | £394,006 |
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 | 58.723 % | £146,778 | £396,728 |
| 3 Month Average | 21.524 % | £53,799 | £303,749 |
| 6 Month Average | 56.016 % | £140,011 | £389,961 |
| 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 |