£181,455
This estimated value is based upon the latest sale price for the house of £107,500 on 20 Feb 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £107,500 | 20 Feb 2013 |
| Terraced |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 February 2013 the House Price Index for GREATER MANCHESTER was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £107,500 results in an estimated price of approximately £181,455.
| 20 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £107,500 | £73,955 | £181,455 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | -35.314 % | £-37,962 | £69,537 |
| 3 Month Average | 80.639 % | £86,686 | £194,186 |
| 6 Month Average | 50.250 % | £54,018 | £161,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £147,582 | £145,000 | 206 COPSTER HILL ROAD |
| 16 May 2022 | £138,612 | £136,000 | 218 COPSTER HILL ROAD |
| 21 Mar 2022 | £310,874 | £299,995 | 294 WINDSOR ROAD |
| 7 Oct 2021 | £154,907 | £140,000 | 4 CHEVIOT AVENUE |
| 23 Jul 2021 | £171,241 | £149,000 | 57 CHEVIOT AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 3 Oct 2014. Using an estimated price of £181,455 means this house is valued at £1,910 per sq meter (£177 per sq foot).
The average size of a house on CHEVIOT AVENUE is 96 sq meters (1,038 sq feet).