£171,378
This estimated value is based upon the latest sale price for the house of £50,000 on 18 May 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £50,000 | 18 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 489 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 May 2001 the House Price Index for GREATER MANCHESTER was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £50,000 results in an estimated price of approximately £171,378.
| 18 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £50,000 | £121,378 | £171,378 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 265.233 % | £132,616 | £182,616 |
| 3 Month Average | 314.654 % | £157,327 | £207,327 |
| 6 Month Average | 296.433 % | £148,216 | £198,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £53,972 | £53,500 | APARTMENT 1 DOURO HOUSE, 11 WELLINGTON ROAD SOUTH |
| 13 Jul 2023 | £55,750 | £55,000 | APARTMENT 10 DOURO HOUSE, 11 WELLINGTON ROAD SOUTH |
| 3 Jul 2023 | £223,001 | £220,000 | 81 PRINCES STREET |
| 31 Jan 2023 | £149,297 | £150,000 | 37 WELLINGTON ROAD SOUTH |
| 30 Aug 2022 | £2,064,443 | £2,070,000 | PETERSGATE HOUSE, 64 ST PETERSGATE |
This house has a floor area of 45 sq meters or 489 sq feet when measured on 12 Jan 2009. Using an estimated price of £171,379 means this house is valued at £3,769 per sq meter (£350 per sq foot).
The average size of a house on WELLINGTON ROAD SOUTH is 49 sq meters (535 sq feet).