£30,223
This estimated value is based upon the latest sale price for the house of £8,500 on 8 Feb 2001. 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 |
---|---|
£8,500 | 8 Feb 2001 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 2001 the House Price Index for GREATER MANCHESTER was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £8,500 results in an estimated price of approximately £30,223.
8 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 149.7 | 255.570 % | £8,500 | £21,723 | £30,223 |
The Postcode Pricing Model uses changes in average sales price within the M6 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 | 624.127 % | £53,050 | £61,550 |
3 Month Average | 527.252 % | £44,816 | £53,316 |
6 Month Average | 509.909 % | £43,342 | £51,842 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £170,881 | £167,000 | 75 SEAFORD ROAD |
21 Sep 2023 | £122,705 | £120,000 | 27 WELFORD STREET |
8 Sep 2023 | £168,719 | £165,000 | 11 CONISTON STREET |
8 Jun 2023 | £173,476 | £170,000 | 37 WELFORD STREET |
2 Jun 2023 | £136,740 | £134,000 | 33 WELFORD STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Jan 2016. Using an estimated price of £30,223 means this house is valued at £438 per sq meter (£40 per sq foot).
The average size of a house on WELFORD STREET is 72 sq meters (778 sq feet).