3, NEWSTEAD ROAD, URMSTON, MANCHESTER, M41 0QQ - £424,250

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 NEWSTEAD ROAD is a small extended detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £447,855. It was last sold for £424,250 in July 2022, which was around 41% below the average July 2022 detached price in the Trafford local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

3 NEWSTEAD ROAD Sold Prices

Land registry data shows two sales for 3 NEWSTEAD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. Both of the two 3 NEWSTEAD ROAD sales were for below 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
2022 1 JUL	£424,250	£724,316	41% below HPI
2016 23 AUG	£285,000	£490,791	42% below HPI

3 NEWSTEAD ROAD 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 two 3 NEWSTEAD ROAD sales from August 2016 and July 2022 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 August 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 NEWSTEAD ROAD be worth now?

3 NEWSTEAD ROAD might now be worth an estimated £447,855.

This is based on house price inflation of 5.6%, between July 2022 and February 2025, 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 5.6% inflationary increase is applied to the most recent sale price for 3 NEWSTEAD ROAD of £424,250 on 1st July 2022. For the value to have increased from £424,250 to £447,855 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 3 NEWSTEAD ROAD has moved in line with the HPI for detached houses in the Trafford local authority area.
• The July 2022 sale price of £424,250 represented a fair market value for the property.
• The size, condition, and specification of 3 NEWSTEAD ROAD has not materially changed since July 2022.

How Large is 3 NEWSTEAD ROAD?

3 NEWSTEAD ROAD is 102m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses houses in Urmston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Urmston, and where 3 NEWSTEAD ROAD lies on this distribution: 38% of detached houses houses are smaller than 3 NEWSTEAD ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Urmston.

3 NEWSTEAD ROAD: Plot and Title Map

3 NEWSTEAD ROAD sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 NEWSTEAD ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 NEWSTEAD ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 NEWSTEAD ROAD?

3 NEWSTEAD ROAD is located in URMSTON, in the M41 postcode district. The below map shows the position of No. 3 on NEWSTEAD ROAD.