£285,895
This estimated value is based upon the latest sale price for the house of £232,000 on 10 Oct 2018. 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 |
|---|---|
| £232,000 | 10 Oct 2018 |
| £148,000 | 3 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £232,000 results in an estimated price of approximately £285,895.
| 10 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £232,000 | £53,895 | £285,895 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | -42.441 % | £-98,462 | £133,537 |
| 3 Month Average | 2.399 % | £5,566 | £237,566 |
| 6 Month Average | 38.698 % | £89,778 | £321,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £218,829 | £215,000 | 65 CHELSFIELD GROVE |
| 29 Sep 2023 | £222,647 | £219,800 | 45 CHELSFIELD GROVE |
| 10 Feb 2023 | £214,855 | £215,000 | 57 CHELSFIELD GROVE |
| 31 Mar 2022 | £358,547 | £346,000 | 25 CHELSFIELD GROVE |
| 21 Jan 2022 | £244,159 | £232,000 | 8 REGAN AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Jul 2018. Using an estimated price of £285,896 means this house is valued at £3,618 per sq meter (£336 per sq foot).
The average size of a house on WELLER AVENUE is 91 sq meters (987 sq feet).