£240,752
This estimated value is based upon the latest sale price for the house of £150,000 on 20 Dec 2013. 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 |
---|---|
£150,000 | 20 Dec 2013 |
£89,000 | 11 Oct 2001 |
Terraced |
Freehold |
Floor Area: 135 sq meters or 1,453 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 December 2013 the House Price Index for GREATER MANCHESTER was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £150,000 results in an estimated price of approximately £240,752.
20 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £150,000 | £90,752 | £240,752 |
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 | -59.572 % | £-89,358 | £60,641 |
3 Month Average | 42.216 % | £63,323 | £213,323 |
6 Month Average | 70.984 % | £106,476 | £256,476 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2023 | £474,470 | £470,000 | 48 WELLINGTON STREET EAST |
1 Mar 2023 | £434,090 | £430,000 | 44 WELBECK GROVE |
17 Feb 2022 | £429,965 | £410,000 | 88 WELLINGTON STREET EAST |
15 Nov 2021 | £448,828 | £415,000 | 84 WELLINGTON STREET EAST |
25 Nov 2020 | £342,009 | £295,000 | 17 KING STREET |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 7 Nov 2013. Using an estimated price of £240,753 means this house is valued at £1,783 per sq meter (£165 per sq foot).
The average size of a house on WELLINGTON STREET EAST is 156 sq meters (1,681 sq feet).