£322,227
This estimated value is based upon the latest sale price for the house of £177,500 on 17 Jul 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £177,500 | 17 Jul 2009 |
| £177,000 | 27 Oct 2006 |
| £69,950 | 1 Dec 1999 |
| Terraced |
| Leasehold |
| Floor Area: 92 sq meters or 994 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 2009 the House Price Index for GREATER MANCHESTER was 81.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 81.537%.Applying this 81.537% change to the original purchase price of £177,500 results in an estimated price of approximately £322,227.
| 17 Jul 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.0 | 81.537 % | £177,500 | £144,727 | £322,227 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -3.083 % | £-5,472 | £172,027 |
| 3 Month Average | 47.929 % | £85,074 | £262,574 |
| 6 Month Average | 67.029 % | £118,976 | £296,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £410,065 | £408,680 | 293 BROADSTONE ROAD |
| 10 Nov 2023 | £371,773 | £367,000 | 17 APPLETON ROAD |
| 24 Aug 2023 | £323,970 | £322,000 | 38 APPLETON ROAD |
| 4 Aug 2023 | £251,530 | £250,000 | 7 NELSTROP CRESCENT |
| 28 Apr 2023 | £302,246 | £300,000 | 48 NELSTROP ROAD |
This house has a floor area of 92 sq meters or 994 sq feet when measured on 14 Apr 2009. Using an estimated price of £322,228 means this house is valued at £3,487 per sq meter (£323 per sq foot).
The average size of a house on NELSTROP ROAD is 85 sq meters (916 sq feet).