£254,177
This estimated value is based upon the latest sale price for the house of £235,500 on 16 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£235,500 | 16 Dec 2021 |
£158,000 | 21 Oct 2014 |
£154,950 | 14 Dec 2007 |
£99,950 | 11 Mar 2005 |
Terraced |
Leasehold |
Floor Area: 75 sq meters or 807 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £235,500 results in an estimated price of approximately £254,177.
16 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £235,500 | £18,677 | £254,177 |
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 | -5.773 % | £-13,596 | £221,903 |
3 Month Average | 29.658 % | £69,844 | £305,344 |
6 Month Average | 13.786 % | £32,466 | £267,966 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £376,559 | £367,000 | 17 APPLETON ROAD |
24 Aug 2023 | £327,914 | £322,000 | 38 APPLETON ROAD |
4 Aug 2023 | £254,592 | £250,000 | 7 NELSTROP CRESCENT |
22 Jun 2023 | £331,646 | £325,000 | FLAT 19 ADLINGTON HOUSE, 27 NELSTROP ROAD |
28 Apr 2023 | £305,718 | £300,000 | 48 NELSTROP ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Jul 2013. Using an estimated price of £254,177 means this house is valued at £3,389 per sq meter (£314 per sq foot).
The average size of a house on NELSTROP ROAD is 85 sq meters (916 sq feet).