£280,968
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 5 Aug 2021 |
| £215,000 | 25 Sep 2020 |
| £254,950 | 29 May 2007 |
| Detached |
| Leasehold |
| Floor Area: 126 sq meters or 1,360 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 August 2021 the House Price Index for GREATER MANCHESTER was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £250,000 results in an estimated price of approximately £280,968.
| 5 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £250,000 | £30,968 | £280,968 |
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 | -0.575 % | £-1,436 | £248,563 |
| 3 Month Average | 32.153 % | £80,383 | £330,383 |
| 6 Month Average | 36.700 % | £91,749 | £341,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £154,933 | £151,000 | 25 KESWICK STREET |
| 6 Nov 2023 | £189,818 | £185,000 | 20 SYDNEY BARNES CLOSE |
| 26 Oct 2023 | £84,417 | £82,500 | THE WESTCOMBE BUILDING, 15 SYDNEY BARNES CLOSE |
| 25 Oct 2023 | £108,463 | £106,000 | 63 PARTINGTON STREET |
| 30 Aug 2023 | £122,204 | £120,000 | THE WESTCOMBE BUILDING, 25 SYDNEY BARNES CLOSE |
This house has a floor area of 126 sq meters or 1,360 sq feet when measured on 28 Apr 2011. Using an estimated price of £280,968 means this house is valued at £2,222 per sq meter (£206 per sq foot).
The average size of a house on COVER DRIVE is 111 sq meters (1,200 sq feet).