£346,154
This estimated value is based upon the latest sale price for the house of £326,500 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £326,500 | 14 Jan 2022 |
| £232,323 | 18 May 2017 |
| £191,000 | 31 Jan 2014 |
| £189,950 | 22 Feb 2008 |
| £56,000 | 25 Mar 1999 |
| Terraced |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 January 2022 the House Price Index for GREATER MANCHESTER was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £326,500 results in an estimated price of approximately £346,154.
| 14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £326,500 | £19,654 | £346,154 |
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 | -49.233 % | £-160,746 | £165,753 |
| 3 Month Average | 38.634 % | £126,140 | £452,640 |
| 6 Month Average | 19.281 % | £62,954 | £389,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £280,000 | £280,000 | 1 FARM CLOSE |
| 17 May 2024 | £270,000 | £270,000 | 22 APPLETON ROAD |
| 8 Mar 2024 | £415,057 | £408,680 | 293 BROADSTONE ROAD |
| 10 Nov 2023 | £376,559 | £367,000 | 17 APPLETON ROAD |
| 24 Aug 2023 | £327,914 | £322,000 | 38 APPLETON ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 15 Sep 2021. Using an estimated price of £346,155 means this house is valued at £3,933 per sq meter (£365 per sq foot).
The average size of a house on NELSTROP ROAD is 85 sq meters (916 sq feet).