£303,614
This estimated value is based upon the latest sale price for the house of £189,950 on 6 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£189,950 | 6 Jun 2007 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 907 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 2007 the House Price Index for GREATER MANCHESTER was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £189,950 results in an estimated price of approximately £303,614.
6 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 149.7 | 59.839 % | £189,950 | £113,664 | £303,614 |
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 | 54.168 % | £102,892 | £292,842 |
3 Month Average | 40.593 % | £77,105 | £267,055 |
6 Month Average | 37.377 % | £70,998 | £260,948 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £171,436 | £168,000 | 15 COPPY BRIDGE DRIVE |
7 Nov 2022 | £129,395 | £130,000 | 29 FIRGROVE GARDENS |
7 Oct 2022 | £146,511 | £147,000 | 37 FIRGROVE GARDENS |
30 Jun 2022 | £189,041 | £185,000 | 12 COPPY BRIDGE DRIVE |
14 Apr 2022 | £197,110 | £190,000 | 48 COPPY BRIDGE DRIVE |
This house has a floor area of 84 sq meters or 907 sq feet when measured on 23 Mar 2009. Using an estimated price of £303,614 means this house is valued at £3,601 per sq meter (£334 per sq foot).
The average size of a house on COPPY BRIDGE DRIVE is 99 sq meters (1,073 sq feet).