£600,542
This estimated value is based upon the latest sale price for the house of £490,000 on 9 Aug 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 |
---|---|
£490,000 | 9 Aug 2019 |
£350,000 | 31 Aug 2007 |
£249,995 | 13 Dec 2002 |
Terraced |
Freehold |
Floor Area: 131 sq meters or 1,410 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 August 2019 the House Price Index for GREATER MANCHESTER was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £490,000 results in an estimated price of approximately £600,542.
9 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.0 | 22.560 % | £490,000 | £110,542 | £600,542 |
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 | -18.889 % | £-92,554 | £397,445 |
3 Month Average | -17.324 % | £-84,889 | £405,110 |
6 Month Average | 4.334 % | £21,235 | £511,235 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £535,124 | £525,000 | 14 WELMAN WAY |
19 Aug 2023 | £538,273 | £535,000 | 38 WELMAN WAY |
28 Mar 2023 | £437,364 | £435,000 | 19 WELMAN WAY |
2 Nov 2022 | £664,229 | £675,000 | 61 WELMAN WAY |
30 Mar 2022 | £619,247 | £600,000 | 33 WELMAN WAY |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 8 Jun 2012. Using an estimated price of £600,542 means this house is valued at £4,584 per sq meter (£425 per sq foot).
The average size of a house on WELMAN WAY is 117 sq meters (1,261 sq feet).