£122,727
This estimated value is based upon the latest sale price for the house of £57,500 on 27 Feb 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£57,500 | 27 Feb 2004 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 February 2004 the House Price Index for GREATER MANCHESTER was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £57,500 results in an estimated price of approximately £122,727.
27 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £57,500 | £65,227 | £122,727 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | 228.195 % | £131,212 | £188,712 |
3 Month Average | 267.329 % | £153,714 | £211,214 |
6 Month Average | 308.680 % | £177,491 | £234,991 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £483,724 | £475,000 | 320 - 322 GREAT CLOWES STREET |
15 Feb 2023 | £261,748 | £260,000 | 17 WELLINGTON STREET WEST |
20 Jun 2022 | £265,679 | £260,000 | 23 WELLINGTON STREET WEST |
6 Apr 2022 | £414,969 | £400,000 | 2 SCOVELL STREET |
18 Nov 2021 | £240,784 | £221,000 | 18 KIPLING STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 23 May 2013. Using an estimated price of £122,728 means this house is valued at £1,146 per sq meter (£106 per sq foot).
The average size of a house on WELLINGTON STREET WEST is 118 sq meters (1,276 sq feet).