£163,580
This estimated value is based upon the latest sale price for the house of £124,750 on 9 Dec 2016. 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 |
|---|---|
| £124,750 | 9 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| 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 December 2016 the House Price Index for GREATER MANCHESTER was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £124,750 results in an estimated price of approximately £163,580.
| 9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £124,750 | £38,830 | £163,580 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 19.021 % | £23,728 | £148,478 |
| 3 Month Average | 35.238 % | £43,959 | £168,709 |
| 6 Month Average | 48.370 % | £60,341 | £185,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £126,619 | £125,000 | APARTMENT 5 2A SOPWITH DRIVE |
| 2 Sep 2022 | £297,597 | £300,000 | 6 NANTWICH ROAD |
| 27 Jun 2022 | £281,985 | £278,000 | 3 THORNLEIGH ROAD |
| 28 Jan 2022 | £212,639 | £202,050 | 5 BETHNALL DRIVE |
| 28 Jan 2022 | £231,530 | £220,000 | 11 BETHNALL DRIVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 Oct 2013. Using an estimated price of £163,581 means this house is valued at £2,555 per sq meter (£237 per sq foot).
The average size of a house on SOPWITH DRIVE is 82 sq meters (890 sq feet).