£198,735
This estimated value is based upon the latest sale price for the house of £162,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £162,000 | 13 Dec 2019 |
| £135,000 | 14 Aug 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £162,000 results in an estimated price of approximately £198,735.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £162,000 | £36,735 | £198,735 |
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 | -42.686 % | £-69,150 | £92,849 |
| 3 Month Average | 24.282 % | £39,336 | £201,336 |
| 6 Month Average | 14.044 % | £22,751 | £184,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £328,985 | £325,000 | FLAT 19 ADLINGTON HOUSE, 27 NELSTROP ROAD |
| 28 Apr 2023 | £303,265 | £300,000 | 48 NELSTROP ROAD |
| 24 Mar 2023 | £282,663 | £280,000 | 10 FARM CLOSE |
| 18 Aug 2022 | £324,128 | £325,000 | FLAT 36 ADLINGTON HOUSE, 27 NELSTROP ROAD |
| 9 Aug 2022 | £229,383 | £230,000 | FLAT 8 ADLINGTON HOUSE, 27 NELSTROP ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 21 Mar 2013. Using an estimated price of £198,736 means this house is valued at £3,613 per sq meter (£335 per sq foot).
The average size of a house on NELSTROP ROAD is 85 sq meters (916 sq feet).