£279,326
This estimated value is based upon the latest sale price for the house of £60,000 on 21 Sep 1998. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £60,000 | 21 Sep 1998 |
| Terraced |
| Leasehold |
| Floor Area: 149 sq meters or 1,603 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 1998 the House Price Index for GREATER MANCHESTER was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £60,000 results in an estimated price of approximately £279,326.
| 21 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 148.6 | 365.544 % | £60,000 | £219,326 | £279,326 |
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 | 233.574 % | £140,144 | £200,144 |
| 3 Month Average | 274.717 % | £164,830 | £224,830 |
| 6 Month Average | 272.688 % | £163,613 | £223,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 May 2022 | £107,016 | £105,000 | 106 NAPIER STREET EAST |
| 19 Oct 2020 | £129,039 | £110,000 | 108 COPPICE STREET |
| 14 Feb 2020 | £73,409 | £60,000 | 74 COPPICE STREET |
| 11 Oct 2019 | £345,823 | £282,000 | 101 WINDSOR ROAD |
| 8 Aug 2018 | £74,214 | £60,000 | 101 COPPICE STREET |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 22 Oct 2014. Using an estimated price of £279,327 means this house is valued at £1,874 per sq meter (£174 per sq foot).
The average size of a house on WERNETH HALL ROAD is 182 sq meters (1,967 sq feet).