£317,381
This estimated value is based upon the latest sale price for the house of £255,000 on 12 Jun 2019. 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 |
|---|---|
| £255,000 | 12 Jun 2019 |
| £172,500 | 24 Jul 2008 |
| £104,450 | 7 Mar 2003 |
| Terraced |
| Leasehold |
| Floor Area: 125 sq meters or 1,345 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £255,000 results in an estimated price of approximately £317,381.
| 12 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £255,000 | £62,381 | £317,381 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | -10.290 % | £-26,240 | £228,759 |
| 3 Month Average | 49.562 % | £126,383 | £381,383 |
| 6 Month Average | 45.455 % | £115,909 | £370,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £182,611 | £177,000 | 110 STRETFORD ROAD |
| 2 Oct 2023 | £174,462 | £170,500 | 154 STRETFORD ROAD |
| 1 Feb 2022 | £227,138 | £215,000 | 34 REILLY STREET |
| 27 May 2021 | £239,065 | £210,000 | 14 REILLY STREET |
| 14 Aug 2020 | £190,251 | £157,500 | 162 STRETFORD ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 13 Sep 2018. Using an estimated price of £317,381 means this house is valued at £2,539 per sq meter (£235 per sq foot).
The average size of a house on NEW WELCOME STREET is 100 sq meters (1,077 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |