£82,995
This estimated value is based upon the latest sale price for the house of £65,000 on 8 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £65,000 | 8 Sep 2017 |
| £68,000 | 24 Dec 2003 |
| £46,000 | 17 Oct 2003 |
| £22,500 | 3 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 September 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £65,000 results in an estimated price of approximately £82,995.
| 8 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £65,000 | £17,995 | £82,995 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 47.169 % | £30,660 | £95,660 |
| 3 Month Average | 35.275 % | £22,929 | £87,929 |
| 6 Month Average | 15.145 % | £9,844 | £74,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £155,000 | £155,000 | 12 ALBERT STREET |
| 14 Aug 2023 | £193,490 | £190,000 | 15 HARTFORD AVENUE |
| 4 Aug 2023 | £144,608 | £142,000 | 16 DERBY STREET |
| 6 Apr 2023 | £96,811 | £95,000 | 23 ALBERT STREET |
| 15 Nov 2022 | £246,846 | £248,000 | 38 CHERWELL AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 Oct 2016. Using an estimated price of £82,995 means this house is valued at £1,296 per sq meter (£120 per sq foot).
The average size of a house on NELLIE STREET is 93 sq meters (1,007 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).