£269,833
This estimated value is based upon the latest sale price for the house of £215,000 on 3 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £215,000 | 3 Jan 2018 |
| £175,000 | 15 Jun 2007 |
| £57,900 | 19 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £215,000 results in an estimated price of approximately £269,833.
| 3 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £215,000 | £54,833 | £269,833 |
The Postcode Pricing Model uses changes in average sales price within the SK3 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 | 3.072 % | £6,605 | £221,605 |
| 3 Month Average | 34.377 % | £73,909 | £288,909 |
| 6 Month Average | 32.574 % | £70,033 | £285,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £217,785 | £215,000 | 7 ELM ROAD SOUTH |
| 15 Jun 2023 | £253,065 | £250,000 | 19 ELM ROAD SOUTH |
| 10 Feb 2023 | £262,823 | £263,000 | 5 MARBURY CLOSE |
| 8 Feb 2023 | £265,821 | £266,000 | 5 NURSERY LANE |
| 3 Feb 2023 | £279,812 | £280,000 | 1 ARBURY AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 31 May 2017. Using an estimated price of £269,834 means this house is valued at £3,550 per sq meter (£329 per sq foot).
The average size of a house on NURSERY LANE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Bangor Road |