£482,683
This estimated value is based upon the latest sale price for the house of £329,950 on 19 Jun 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 |
|---|---|
| £329,950 | 19 Jun 2015 |
| £290,000 | 21 Dec 2007 |
| £283,000 | 22 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £329,950 results in an estimated price of approximately £482,683.
| 19 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £329,950 | £152,733 | £482,683 |
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 | 75.167 % | £248,012 | £577,962 |
| 3 Month Average | 37.452 % | £123,571 | £453,521 |
| 6 Month Average | 40.793 % | £134,597 | £464,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £541,644 | £525,000 | 14 WELMAN WAY |
| 1 Dec 2023 | £541,644 | £525,000 | 4 ELMLEA |
| 2 Oct 2023 | £460,458 | £450,000 | 1 ELMLEA |
| 19 Aug 2023 | £544,827 | £535,000 | 38 WELMAN WAY |
| 28 Mar 2023 | £442,388 | £435,000 | 19 WELMAN WAY |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 9 Jan 2014. Using an estimated price of £482,683 means this house is valued at £4,348 per sq meter (£403 per sq foot).
The average size of a house on ELMLEA is 150 sq meters (1,616 sq feet).