£164,889
This estimated value is based upon the latest sale price for the house of £165,000 on 17 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £165,000 | 17 Feb 2023 |
| £140,000 | 8 Jan 2018 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 February 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £165,000 results in an estimated price of approximately £164,889.
| 17 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £165,000 | £-110 | £164,889 |
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 | 141.489 % | £233,457 | £398,457 |
| 3 Month Average | 0.603 % | £995 | £165,995 |
| 6 Month Average | -10.010 % | £-16,516 | £148,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £166,456 | £165,000 | 5 WELLHOUSE DRIVE |
| 21 Apr 2023 | £236,547 | £234,000 | 11 HINCHLEY ROAD |
| 17 Feb 2023 | £164,889 | £165,000 | 88 NINA DRIVE |
| 10 Feb 2023 | £339,771 | £340,000 | 53 HINCHLEY ROAD |
| 16 Sep 2022 | £210,302 | £212,000 | 15 KILMAINE AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 27 Sep 2013. Using an estimated price of £164,889 means this house is valued at £2,141 per sq meter (£198 per sq foot).
The average size of a house on NINA DRIVE is 89 sq meters (966 sq feet).