£155,502
This estimated value is based upon the latest sale price for the house of £130,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 4 Sep 2020 |
| £110,000 | 26 Nov 2004 |
| £52,000 | 6 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 September 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £130,000 results in an estimated price of approximately £155,502.
| 4 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £130,000 | £25,502 | £155,502 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 218.319 % | £283,814 | £413,814 |
| 3 Month Average | 23.879 % | £31,042 | £161,042 |
| 6 Month Average | 36.920 % | £47,996 | £177,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £381,888 | £375,000 | 1 BUTTERCUP DRIVE |
| 1 Nov 2022 | £298,604 | £300,000 | 14 CHEVRON CLOSE |
| 17 Jun 2022 | £270,788 | £265,000 | 3 ROOKSWOOD DRIVE |
| 1 Jun 2022 | £337,208 | £330,000 | 13 CHAMBER HOUSE DRIVE |
| 23 Mar 2022 | £331,971 | £318,000 | 51 CHAMBER HOUSE DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 16 Jun 2020. Using an estimated price of £155,502 means this house is valued at £2,508 per sq meter (£233 per sq foot).
The average size of a house on COTALINE CLOSE is 91 sq meters (980 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).