£344,662
This estimated value is based upon the latest sale price for the house of £295,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £295,000 | 2 Oct 2020 |
| £229,950 | 28 Aug 2015 |
| £172,000 | 22 Feb 2008 |
| £134,000 | 18 Feb 2004 |
| Terraced |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £295,000 results in an estimated price of approximately £344,662.
| 2 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £295,000 | £49,662 | £344,662 |
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 | -34.491 % | £-101,748 | £193,251 |
| 3 Month Average | -2.481 % | £-7,318 | £287,681 |
| 6 Month Average | 24.491 % | £72,248 | £367,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £410,065 | £408,680 | 293 BROADSTONE ROAD |
| 10 Nov 2023 | £371,773 | £367,000 | 17 APPLETON ROAD |
| 24 Aug 2023 | £323,970 | £322,000 | 38 APPLETON ROAD |
| 4 Aug 2023 | £251,530 | £250,000 | 7 NELSTROP CRESCENT |
| 28 Apr 2023 | £302,246 | £300,000 | 48 NELSTROP ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 17 Apr 2015. Using an estimated price of £344,662 means this house is valued at £3,787 per sq meter (£351 per sq foot).
The average size of a house on NELSTROP ROAD is 85 sq meters (916 sq feet).