£496,569
This estimated value is based upon the latest sale price for the house of £325,000 on 18 Jul 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 |
---|---|
£325,000 | 18 Jul 2014 |
£244,995 | 13 Dec 2002 |
Terraced |
Freehold |
Floor Area: 139 sq meters or 1,504 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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £325,000 results in an estimated price of approximately £496,569.
18 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £325,000 | £171,569 | £496,569 |
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 | 60.098 % | £195,317 | £520,317 |
3 Month Average | 20.997 % | £68,238 | £393,238 |
6 Month Average | 52.903 % | £171,934 | £496,934 |
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 139 sq meters or 1,504 sq feet when measured on 21 Apr 2011. Using an estimated price of £496,569 means this house is valued at £3,552 per sq meter (£330 per sq foot).
The average size of a house on WELMAN WAY is 117 sq meters (1,261 sq feet).