Housing Market Analysis for VELA WALK, M7 1PD

Are you looking to understand M7 1PD house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Salford postcode.

For the location information and nearby amenities in the M7 1PD area, explore the M7 1PD Area information page.
For comprehensive crime statistics in the M7 1PD area, explore the M7 1PD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the M7 1PD postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £111,725 median price is £102,475 Standard Deviation is £40,510 with Total Sold: 4
    • The Last 5 Year average price is £172,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 VELA WALK: £172,000 (Sold on 17 Sep 2021)
    • The first recorded sale happened at this postcode is 4 VELA WALK: £79,950 (Sold on 09 Mar 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average M7 1PD house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£172,000 £2,197 1
2017£125,000 £1,596 1
2010£69,950 £893 1
2007£79,950 £975 1

All the Sales in the VELA WALK, M7 1PD

See the table below for more details on the sold house prices in the M7 1PD, Salford postcode.

AddressSold DatePrice% Change
4 VELA WALKTerraced, FreeholdArea: 78.3 Sq.mtrAge: 1967-197517 Sep 2021£172,00037.60%
11 Sep 2017£125,00078.70%
21 Jan 2010£69,950-12.51%
09 Mar 2007£79,950First Sale

Check out the sold house prices near the M7 1PD postcode. Properties currently for saleProperties currently for rent

VELA WALK, M7 1PD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the M7 1PD postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the M7 1PD postcode.

  • Semi-Detached
    • The average price is around £137,271 median price is £138,000 Standard Deviation is £82,097 with Total Sold: 501
    • The Last 5 Year average price is £277,493 with Total Sold: 59
    • The most recent sale happened at this postcode is , 32 MEADOW ROAD: £337,500 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 CHIFFON WAY: £46,625 (Sold on 22 Jun 1995)
  • Flat
    • The average price is around £113,321 median price is £117,495 Standard Deviation is £45,166 with Total Sold: 1,329
    • The Last 5 Year average price is £149,499 with Total Sold: 127
    • The most recent sale happened at this postcode is APARTMENT 23, RICHMOND COURT, 50 NORTH GEORGE STREET: £147,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 46 LINEN COURT: £45,995 (Sold on 12 Jan 1995)
  • Terraced
    • The average price is around £117,294 median price is £89,750 Standard Deviation is £89,134 with Total Sold: 360
    • The Last 5 Year average price is £247,188 with Total Sold: 62
    • The most recent sale happened at this postcode is , 10 STRAWBERRY HILL: £157,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 49 CALICO CLOSE: £37,416 (Sold on 21 Jul 1995)
  • Other
    • The average price is around £823,458 median price is £156,000 Standard Deviation is £2,575,678 with Total Sold: 39
    • The Last 5 Year average price is £1,272,803 with Total Sold: 23
    • The most recent sale happened at this postcode is , 8 GREAT CLOWES STREET: £430,000 (Sold on 15 May 2024)
    • The first recorded sale happened at this postcode is ROOM 9-4, RIVERSIDE HOUSE, 100 BLACKFRIARS ROAD: £62,950 (Sold on 08 Mar 2016)
  • Detached
    • The average price is around £203,734 median price is £189,950 Standard Deviation is £91,917 with Total Sold: 100
    • The Last 5 Year average price is £346,737 with Total Sold: 19
    • The most recent sale happened at this postcode is , 14 CRANESBILL CLOSE: £491,500 (Sold on 10 Nov 2023)
    • The first recorded sale happened at this postcode is , 24 LINEN COURT: £40,000 (Sold on 28 Jul 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,727 £2,609 11
2023£260,722 £3,184 9
2022£299,444 £3,346 9
2021£316,287 £3,193 23
2020£209,000 £2,608 7
2019£199,777 £2,449 9
2018£194,958 £2,324 12
2017£174,950 £2,962 11
2016£179,075 £1,845 73
2015£163,445 £1,861 43
2014£159,003 £1,851 51
2013£115,000 £2,036 1
2012£103,000 £1,714 3
2011£129,738 £2,093 4
2010£97,500 £1,594 2
2009£115,0001
2008£124,389 £2,044 9
2007£130,656 £2,093 9
2006£127,705 £1,832 19
2005£119,200 £2,149 10
2004£118,617 £2,546 9
2003£91,619 £1,612 18
2002£75,800 £1,202 15
2001£64,043 £1,044 15
2000£53,011 £989 12
1999£53,007 £841 32
1998£51,546 £955 8
1997£47,434 £700 22
1996£43,809 £809 29
1995£43,560 £646 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,750 £2,539 18
2023£149,682 £2,760 22
2022£160,336 £2,446 29
2021£150,746 £2,522 43
2020£135,200 £2,475 15
2019£144,446 £2,406 26
2018£127,648 £2,295 24
2017£131,424 £2,423 68
2016£148,215 £2,071 345
2015£122,414 £2,021 196
2014£97,208 £1,479 19
2013£91,455 £1,476 11
2012£86,143 £1,502 7
2011£114,833 £1,871 3
2010£72,500 £1,205 2
2009£77,498 £1,332 3
2008£100,429 £1,956 7
2007£135,126 £2,123 51
2006£109,174 £2,003 23
2005£110,178 £1,990 25
2004£100,296 £1,915 27
2003£87,970 £1,585 23
2002£73,695 £1,303 60
2001£62,175 £1,091 41
2000£57,690 £1,014 46
1999£54,351 £976 56
1998£52,714 £967 54
1997£42,183 £768 29
1996£38,341 £707 35
1995£42,123 £642 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,6673
2023£243,111 £2,929 9
2022£194,210 £2,632 10
2021£262,479 £3,202 22
2020£262,722 £3,167 18
2019£145,167 £2,107 12
2018£160,000 £1,841 8
2017£235,676 £2,347 17
2016£129,954 £1,990 11
2015£98,053 £1,416 6
2014£97,167 £1,424 12
2013£80,917 £1,178 6
2012£103,125 £1,506 4
2011£99,200 £1,406 5
2010£79,495 £1,309 11
2009£84,408 £1,679 14
2008£85,600 £1,133 5
2007£106,607 £1,484 13
2006£115,563 £1,894 15
2005£93,097 £1,349 15
2004£102,143 £1,750 7
2003£73,983 £1,289 23
2002£71,650 £1,237 16
2001£56,302 £915 17
2000£56,232 £917 24
1999£50,326 £908 7
1998£46,575 £768 13
1997£42,813 £690 13
1996£37,992 £668 15
1995£37,768 £619 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£430,0001
2023£7,670,0002
2022£173,5001
2021£172,38016
2020£3,524,2953
2019£222,341 £1,554 1
2018£174,917 £2,883 3
2017£173,794 £3,834 8
2016£175,7364
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£463,167 £4,639 3
2022£338,750 £3,423 4
2021£346,500 £3,116 9
2020£241,667 £2,475 3
2019£131,0001
2018£243,714 £2,406 7
2017£240,000 £2,105 1
2016£187,493 £2,001 15
2015£189,656 £1,870 17
2014£184,840 £1,806 24
2006£118,900 £2,543 2
2005£109,500 £2,028 1
2004£152,475 £832 2
2003£105,250 £1,038 2
2001£57,000 £963 2
2000£41,998 £1,018 2
1999£39,0001
1998£40,0001
1997£17,0001
1996£39,000 £565 1
1995£40,0001

House Type in M7 1PD area

The most common house types in the M7 1PD postcode area are Flat (46), Terraced (43), and Semi-detached (15).

Total108
Flat46
Terraced43
Semi-detached15
Detached4
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (32), and Social rented: Rents from council or Local Authority (25).

Private rented: Private landlord or letting agency32
Social rented: Rents from council or Local Authority25
Social rented: Other social rented18
Owned: Owns with a mortgage or loan16
Owned: Owns outright10
Private rented: Other private rented6
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the M7 1PD have 1 person in household (43), and 2 people in household (36).

1 person in household43
2 people in household36
3 people in household11
4 people in household10
5 people in household4
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0