£149,399
This estimated value is based upon the latest sale price for the house of £149,000 on 27 Jan 2023. 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 |
|---|---|
| £149,000 | 27 Jan 2023 |
| £114,225 | 12 Jun 2007 |
| £59,950 | 7 Feb 2002 |
| £57,995 | 5 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 566 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 January 2023 the House Price Index for GREATER MANCHESTER was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £149,000 results in an estimated price of approximately £149,399.
| 27 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £149,000 | £399 | £149,399 |
The Postcode Pricing Model uses changes in average sales price within the M3 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 | 64.309 % | £95,820 | £244,820 |
| 3 Month Average | 1.605 % | £2,391 | £151,391 |
| 6 Month Average | -15.655 % | £-23,326 | £125,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £139,280 | £135,000 | 54 VELOUR CLOSE |
| 26 Oct 2023 | £181,113 | £177,000 | 68 VELOUR CLOSE |
| 29 Mar 2023 | £139,327 | £137,000 | 48 VELOUR CLOSE |
| 27 Jan 2023 | £149,399 | £149,000 | 84 VELOUR CLOSE |
| 5 Aug 2022 | £281,315 | £280,000 | 6 VELOUR CLOSE |
This house has a floor area of 52 sq meters or 566 sq feet when measured on 14 May 2009. Using an estimated price of £149,399 means this house is valued at £2,838 per sq meter (£263 per sq foot).
The average size of a house on VELOUR CLOSE is 57 sq meters (621 sq feet).