£124,764
This estimated value is based upon the latest sale price for the house of £102,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £102,000 | 29 May 2020 |
| £79,000 | 29 Jul 2016 |
| £121,553 | 18 Jul 2008 |
| Semi-Detached |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 May 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £102,000 results in an estimated price of approximately £124,764.
| 29 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £102,000 | £22,764 | £124,764 |
The Postcode Pricing Model uses changes in average sales price within the OL16 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 | 30.093 % | £30,695 | £132,695 |
| 3 Month Average | 32.585 % | £33,236 | £135,236 |
| 6 Month Average | 28.901 % | £29,478 | £131,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £170,060 | £168,000 | 15 COPPY BRIDGE DRIVE |
| 7 Nov 2022 | £128,444 | £130,000 | 29 FIRGROVE GARDENS |
| 7 Oct 2022 | £145,434 | £147,000 | 37 FIRGROVE GARDENS |
| 30 Jun 2022 | £187,652 | £185,000 | 12 COPPY BRIDGE DRIVE |
| 14 Apr 2022 | £195,662 | £190,000 | 48 COPPY BRIDGE DRIVE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 2 Apr 2019. Using an estimated price of £124,764 means this house is valued at £2,310 per sq meter (£214 per sq foot).
The average size of a house on COPPY BRIDGE DRIVE is 99 sq meters (1,073 sq feet).