£229,088
This estimated value is based upon the latest sale price for the house of £132,500 on 27 Jul 2006. 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 |
|---|---|
| £132,500 | 27 Jul 2006 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 89 sq meters or 957 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 July 2006 the House Price Index for GREATER MANCHESTER was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £132,500 results in an estimated price of approximately £229,088.
| 27 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £132,500 | £96,588 | £229,088 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 77.557 % | £102,762 | £235,262 |
| 3 Month Average | 47.450 % | £62,870 | £195,370 |
| 6 Month Average | 62.174 % | £82,380 | £214,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £108,905 | £107,000 | 59 COBDEN STREET |
| 6 Dec 2023 | £97,710 | £96,000 | 61 COBDEN STREET |
| 28 Jul 2023 | £111,501 | £110,000 | 3 NEPAUL ROAD |
| 10 Jul 2023 | £92,241 | £91,000 | 59 NEPAUL ROAD |
| 12 Apr 2023 | £175,894 | £174,000 | 45 NEPAUL ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Sep 2021. Using an estimated price of £229,089 means this house is valued at £2,574 per sq meter (£239 per sq foot).
The average size of a house on COBDEN STREET is 78 sq meters (847 sq feet).