£333,089
This estimated value is based upon the latest sale price for the house of £162,950 on 7 Apr 2004. 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 |
|---|---|
| £162,950 | 7 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 April 2004 the House Price Index for GREATER MANCHESTER was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £162,950 results in an estimated price of approximately £333,089.
| 7 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £162,950 | £170,139 | £333,089 |
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 | 109.509 % | £178,444 | £341,394 |
| 3 Month Average | 54.830 % | £89,346 | £252,296 |
| 6 Month Average | 97.269 % | £158,499 | £321,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £534,349 | £525,000 | 14 WELMAN WAY |
| 1 Dec 2023 | £534,349 | £525,000 | 4 ELMLEA |
| 19 Aug 2023 | £539,722 | £535,000 | 38 WELMAN WAY |
| 28 Mar 2023 | £439,137 | £435,000 | 19 WELMAN WAY |
| 2 Nov 2022 | £666,922 | £675,000 | 61 WELMAN WAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 Aug 2020. Using an estimated price of £333,090 means this house is valued at £3,918 per sq meter (£364 per sq foot).
The average size of a house on WELMAN WAY is 117 sq meters (1,261 sq feet).