£156,484
This estimated value is based upon the latest sale price for the house of £115,000 on 30 Mar 2016. 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 |
|---|---|
| £115,000 | 30 Mar 2016 |
| Terraced |
| 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 March 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £115,000 results in an estimated price of approximately £156,484.
| 30 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £115,000 | £41,484 | £156,484 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 84.124 % | £96,742 | £211,742 |
| 3 Month Average | 83.542 % | £96,072 | £211,072 |
| 6 Month Average | 87.687 % | £100,840 | £215,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £348,855 | £340,000 | 1 BERKSHIRE ROAD |
| 11 Aug 2023 | £230,151 | £226,000 | 26 NUNEATON DRIVE |
| 21 Apr 2023 | £438,196 | £430,000 | 39 NAYLOR STREET |
| 3 Apr 2023 | £346,481 | £340,000 | 73 WINSTANLEY ROAD |
| 20 Mar 2023 | £223,736 | £220,000 | 30 NUNEATON DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Feb 2016. Using an estimated price of £156,485 means this house is valued at £1,980 per sq meter (£184 per sq foot).
The average size of a house on NUNEATON DRIVE is 107 sq meters (1,155 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).