£281,696
This estimated value is based upon the latest sale price for the house of £210,500 on 6 Sep 2016. 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 |
|---|---|
| £210,500 | 6 Sep 2016 |
| £59,000 | 6 Nov 1998 |
| £58,000 | 6 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £210,500 results in an estimated price of approximately £281,696.
| 6 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £210,500 | £71,196 | £281,696 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 86.725 % | £182,555 | £393,055 |
| 3 Month Average | 50.120 % | £105,502 | £316,002 |
| 6 Month Average | 33.046 % | £69,561 | £280,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £275,146 | £270,000 | 140 MAULDETH ROAD |
| 17 Mar 2023 | £350,859 | £345,000 | 175 PARSONAGE ROAD |
| 10 Mar 2023 | £345,774 | £340,000 | 167 PARSONAGE ROAD |
| 28 Feb 2023 | £296,984 | £295,000 | 141 MAULDETH ROAD |
| 27 Jan 2023 | £235,630 | £235,000 | 17 MEREDITH STREET |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 22 Aug 2014. Using an estimated price of £281,696 means this house is valued at £2,271 per sq meter (£211 per sq foot).
The average size of a house on WELD ROAD is 109 sq meters (1,179 sq feet).