£191,654
This estimated value is based upon the latest sale price for the house of £80,000 on 3 Apr 2003. 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 |
---|---|
£80,000 | 3 Apr 2003 |
£60,000 | 9 Feb 1998 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 2003 the House Price Index for GREATER MANCHESTER was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £80,000 results in an estimated price of approximately £191,654.
3 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 148.6 | 139.568 % | £80,000 | £111,654 | £191,654 |
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 | 116.596 % | £93,277 | £173,277 |
3 Month Average | 83.753 % | £67,002 | £147,002 |
6 Month Average | 129.323 % | £103,458 | £183,458 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jul 2023 | £405,457 | £400,000 | 130 MAULDETH ROAD |
5 Apr 2023 | £272,939 | £270,000 | 140 MAULDETH ROAD |
17 Mar 2023 | £348,281 | £345,000 | 175 PARSONAGE ROAD |
10 Mar 2023 | £343,234 | £340,000 | 167 PARSONAGE ROAD |
28 Feb 2023 | £294,802 | £295,000 | 141 MAULDETH ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Sep 2015. Using an estimated price of £191,654 means this house is valued at £2,177 per sq meter (£202 per sq foot).
The average size of a house on WELD ROAD is 109 sq meters (1,179 sq feet).