£156,512
This estimated value is based upon the latest sale price for the house of £135,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £135,000 | 20 Nov 2020 |
| £102,000 | 22 Aug 2016 |
| £29,950 | 31 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £135,000 results in an estimated price of approximately £156,512.
| 20 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £135,000 | £21,512 | £156,512 |
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 | 153.857 % | £207,706 | £342,706 |
| 3 Month Average | 20.903 % | £28,218 | £163,218 |
| 6 Month Average | 16.196 % | £21,865 | £156,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £106,870 | £105,000 | 12 WESTON AVENUE |
| 29 Aug 2023 | £216,897 | £215,000 | 69 MOSTON LANE EAST |
| 22 Jun 2023 | £129,569 | £128,000 | 80 MOSTON LANE EAST |
| 21 Mar 2023 | £229,159 | £227,000 | 39A MOSTON LANE EAST |
| 28 Oct 2022 | £128,615 | £130,000 | 254 NUTHURST ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 20 Mar 2017. Using an estimated price of £156,513 means this house is valued at £1,422 per sq meter (£132 per sq foot).
The average size of a house on NUTHURST ROAD is 92 sq meters (991 sq feet).