£128,570
This estimated value is based upon the latest sale price for the house of £129,000 on 28 Oct 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £129,000 | 28 Oct 2022 |
| £122,950 | 25 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 October 2022 the House Price Index for GREATER MANCHESTER was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £129,000 results in an estimated price of approximately £128,570.
| 28 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £129,000 | £-429 | £128,570 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 56.794 % | £73,264 | £202,264 |
| 3 Month Average | 25.130 % | £32,417 | £161,417 |
| 6 Month Average | 19.465 % | £25,110 | £154,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £223,433 | £220,000 | 334 PLATT LANE |
| 29 Sep 2023 | £260,748 | £255,000 | 298 PLATT LANE |
| 5 Jun 2023 | £316,339 | £310,000 | 151 LLOYD STREET SOUTH |
| 3 Feb 2023 | £256,715 | £255,000 | 187 PLATT LANE |
| 17 Jan 2023 | £170,455 | £170,000 | APARTMENT 8 2 COPPER PLACE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 14 Feb 2020. Using an estimated price of £128,571 means this house is valued at £2,337 per sq meter (£217 per sq foot).
The average size of a house on COPPER PLACE is 64 sq meters (692 sq feet).