£115,080
This estimated value is based upon the latest sale price for the house of £79,950 on 10 Jul 2015. 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 |
|---|---|
| £79,950 | 10 Jul 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £79,950 results in an estimated price of approximately £115,080.
| 10 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £79,950 | £35,130 | £115,080 |
The Postcode Pricing Model uses changes in average sales price within the M5 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 | 71.092 % | £56,838 | £136,788 |
| 3 Month Average | 70.547 % | £56,402 | £136,352 |
| 6 Month Average | 57.010 % | £45,579 | £125,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £307,700 | £307,700 | 4 PARK BANK |
| 21 Dec 2023 | £503,815 | £495,000 | 57 WEASTE ROAD |
| 25 Aug 2023 | £166,456 | £165,000 | 268 WEASTE LANE |
| 2 Mar 2023 | £94,894 | £94,000 | 260 WEASTE LANE |
| 6 Feb 2023 | £214,855 | £215,000 | 8 TOOTAL ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 19 Aug 2020. Using an estimated price of £115,081 means this house is valued at £1,576 per sq meter (£146 per sq foot).
The average size of a house on WEASTE ROAD is 89 sq meters (964 sq feet).