£72,264
This estimated value is based upon the latest sale price for the house of £54,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £54,000 | 16 Sep 2016 |
| Terraced |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £54,000 results in an estimated price of approximately £72,264.
| 16 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £54,000 | £18,264 | £72,264 |
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 | 69.561 % | £37,562 | £91,562 |
| 3 Month Average | 73.591 % | £39,739 | £93,739 |
| 6 Month Average | 70.873 % | £38,271 | £92,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £60,936 | £60,000 | 108 COPSTER HILL ROAD |
| 29 Nov 2023 | £127,743 | £124,500 | 46 COPSTER HILL ROAD |
| 25 Oct 2023 | £61,394 | £60,000 | 132 ASHTON ROAD |
| 18 Aug 2023 | £104,892 | £103,000 | 112 COPSTER HILL ROAD |
| 7 Aug 2023 | £52,955 | £52,000 | 322 LEE STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 4 Apr 2016. Using an estimated price of £72,264 means this house is valued at £821 per sq meter (£76 per sq foot).
The average size of a house on COPSTER HILL ROAD is 92 sq meters (999 sq feet).