£269,011
This estimated value is based upon the latest sale price for the house of £264,486 on 26 May 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £264,486 | 26 May 2023 |
| £170,000 | 22 Feb 2008 |
| £58,000 | 13 Sep 1996 |
| Detached |
| Freehold |
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 May 2023 the House Price Index for GREATER MANCHESTER was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £264,486 results in an estimated price of approximately £269,011.
| 26 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £264,486 | £4,525 | £269,011 |
The Postcode Pricing Model uses changes in average sales price within the WN4 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 | 52.131 % | £137,877 | £402,363 |
| 3 Month Average | 14.974 % | £39,605 | £304,091 |
| 6 Month Average | -1.095 % | £-2,897 | £261,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £146,578 | £145,000 | 43 NICOL MERE DRIVE |
| 19 Nov 2021 | £308,231 | £285,000 | 78 NICOL MERE DRIVE |
| 9 Aug 2021 | £117,140 | £105,000 | 3 NICOL MERE DRIVE |
| 20 Nov 2020 | £185,497 | £160,000 | 12 NICOL MERE DRIVE |
| 19 Jun 2020 | £272,478 | £225,000 | 4 HIGH BEECHES CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Roman Road |