£289,947
This estimated value is based upon the latest sale price for the house of £180,000 on 9 Mar 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £180,000 | 9 Mar 2007 |
| £45,277 | 17 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2007 the House Price Index for GREATER MANCHESTER was 91.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 61.082%.Applying this 61.082% change to the original purchase price of £180,000 results in an estimated price of approximately £289,947.
| 9 Mar 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.0 | 61.082 % | £180,000 | £109,947 | £289,947 |
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 | -4.237 % | £-7,626 | £172,373 |
| 3 Month Average | 48.479 % | £87,262 | £267,262 |
| 6 Month Average | 58.408 % | £105,134 | £285,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £470,136 | £464,100 | 24 NURSERY ROAD |
| 24 Aug 2023 | £430,619 | £428,000 | 47 NURSERY ROAD |
| 21 Apr 2023 | £523,894 | £520,000 | 8 LOCKSLEY CLOSE |
| 14 Mar 2023 | £276,495 | £275,000 | 248 GREEN LANE |
| 12 Jan 2023 | £470,864 | £475,000 | 32 NURSERY ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 27 Sep 2012. Using an estimated price of £289,947 means this house is valued at £3,020 per sq meter (£280 per sq foot).
The average size of a house on MOUNT ROAD is 99 sq meters (1,070 sq feet).