£223,001
This estimated value is based upon the latest sale price for the house of £220,000 on 13 Jul 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £220,000 | 13 Jul 2023 |
| £120,000 | 11 May 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2023 the House Price Index for GREATER MANCHESTER was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £220,000 results in an estimated price of approximately £223,001.
| 13 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £220,000 | £3,001 | £223,001 |
The Postcode Pricing Model uses changes in average sales price within the SK5 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 | -15.344 % | £-33,757 | £186,242 |
| 3 Month Average | -12.690 % | £-27,918 | £192,081 |
| 6 Month Average | -8.577 % | £-18,868 | £201,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £177,267 | £175,000 | 5 PENRITH AVENUE |
| 14 Jul 2023 | £327,913 | £323,500 | 25 LONGFORD ROAD WEST |
| 13 Jul 2023 | £223,001 | £220,000 | 86 NASEBY ROAD |
| 20 Jun 2023 | £153,864 | £152,000 | 227 GORTON ROAD |
| 28 Apr 2023 | £144,556 | £143,000 | 32 FOVANT CRESCENT |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 6 Aug 2021. Using an estimated price of £223,001 means this house is valued at £2,973 per sq meter (£276 per sq foot).
The average size of a house on NASEBY ROAD is 76 sq meters (828 sq feet).