£266,423
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £220,000 | 5 Jun 2020 |
| £45,738 | 22 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 June 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £220,000 results in an estimated price of approximately £266,423.
| 5 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £220,000 | £46,423 | £266,423 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 51.008 % | £112,217 | £332,217 |
| 3 Month Average | 34.437 % | £75,760 | £295,760 |
| 6 Month Average | 38.654 % | £85,039 | £305,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £386,767 | £380,000 | 3 WOOD VIEW |
| 9 Nov 2023 | £268,982 | £265,000 | 6 WOOD VIEW |
| 29 Sep 2023 | £278,562 | £275,000 | 8 YEW TREE AVENUE |
| 23 Mar 2023 | £312,948 | £310,000 | 16 SHANDON AVENUE |
| 20 Jan 2023 | £298,593 | £300,000 | 51 KENWORTHY LANE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 12 Jul 2019. Using an estimated price of £266,423 means this house is valued at £3,372 per sq meter (£313 per sq foot).
The average size of a house on COPPICE DRIVE is 103 sq meters (1,112 sq feet).