3, WESTGATE, URMSTON, MANCHESTER, M41 9EL - £535,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 WESTGATE is a very large detached house of 199m², built sometime between 1900 and 1929, which could now be worth an estimated £1,149,419. It was last sold for £535,000 in June 2012, which was around 45% above the average June 2012 detached price in the Trafford local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

3 WESTGATE Sold Prices

Land registry data shows three sales for 3 WESTGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. All of the three 3 WESTGATE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 18 JUN	£535,000	£368,381	45% above HPI
2000 31 MAR	£192,950	£162,828	18% above HPI
1996 1 NOV	£126,375	£117,783	7% above HPI

3 WESTGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The three 3 WESTGATE sales between November 1996 and June 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2000 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2012 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 3 WESTGATE be worth now?

3 WESTGATE might now be worth an estimated £1,149,419.

This is based on house price inflation of 114.8%, between June 2012 and May 2026, for detached houses, in the Trafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 114.8% inflationary increase is applied to the most recent sale price for 3 WESTGATE of £535,000 on 18th June 2012. For the value to have increased from £535,000 to £1,149,419 over the fourteen years and one month to May 2026, the following assumptions must hold true:

• The value of 3 WESTGATE has moved in line with the HPI for detached houses in the Trafford local authority area.
• The June 2012 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WESTGATE has not materially changed since June 2012.

How Large is 3 WESTGATE?

3 WESTGATE is 199m² according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses in Urmston, based on EPC data. The below chart shows the distribution of detached houses by size in Urmston, and where 3 WESTGATE lies on this distribution: 94% of detached houses are smaller than 3 WESTGATE, and 6% of detached houses are larger. Note that EPC data is not available for all properties in Urmston.

Where is 3 WESTGATE?

3 WESTGATE is located in URMSTON, in the M41 postcode district.