£352,880
This estimated value is based upon the latest sale price for the house of £225,000 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £225,000 | 11 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,242 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 2014 the House Price Index for GREATER MANCHESTER was 65.1.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 56.836%.Applying this 56.836% change to the original purchase price of £225,000 results in an estimated price of approximately £352,880.
| 11 Jul 2014 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 102.1 | 56.836 % | £225,000 | £127,880 | £352,880 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 103.888 % | £233,747 | £458,747 |
| 3 Month Average | 84.391 % | £189,880 | £414,880 |
| 6 Month Average | 84.383 % | £189,861 | £414,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2024 | £244,753 | £239,000 | 21 CARRS ROAD |
| 19 Aug 2024 | £276,500 | £270,000 | 4 ELM ROAD SOUTH |
| 31 May 2024 | £268,413 | £260,000 | 12 MARBURY CLOSE |
| 20 Nov 2023 | £260,481 | £249,000 | 94 SHERBORNE ROAD |
| 17 Nov 2023 | £214,452 | £205,000 | 16 ELM ROAD SOUTH |
This house has a floor area of 115 sq meters or 1,242 sq feet when measured on 21 Jan 2010. Using an estimated price of £352,880 means this house is valued at £3,056 per sq meter (£283 per sq foot).
The average size of a house on NURSERY LANE is 86 sq meters (929 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,242 sq feet).