£87,565
This estimated value is based upon the latest sale price for the house of £47,000 on 27 May 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £47,000 | 27 May 2009 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 2009 the House Price Index for GREATER MANCHESTER was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £47,000 results in an estimated price of approximately £87,565.
| 27 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £47,000 | £40,565 | £87,565 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 79.208 % | £37,227 | £84,227 |
| 3 Month Average | 56.785 % | £26,688 | £73,688 |
| 6 Month Average | 49.304 % | £23,172 | £70,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £169,297 | £165,000 | 158 HOLLINS ROAD |
| 17 Nov 2023 | £153,907 | £150,000 | 5 HEMLOCK AVENUE |
| 23 Oct 2023 | £99,766 | £97,500 | 267 COPSTER HILL ROAD |
| 8 Sep 2022 | £99,933 | £100,000 | 300 COPSTER HILL ROAD |
| 30 May 2022 | £123,210 | £120,000 | 266 COPSTER HILL ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Nov 2015. Using an estimated price of £87,565 means this house is valued at £1,042 per sq meter (£96 per sq foot).
The average size of a house on COPSTER HILL ROAD is 92 sq meters (999 sq feet).