£353,920
This estimated value is based upon the latest sale price for the house of £265,000 on 30 Jun 2016. 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 |
|---|---|
| £265,000 | 30 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,083 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 June 2016 the House Price Index for GREATER MANCHESTER was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £265,000 results in an estimated price of approximately £353,920.
| 30 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £265,000 | £88,920 | £353,920 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 21.805 % | £57,784 | £322,784 |
| 3 Month Average | 34.461 % | £91,322 | £356,322 |
| 6 Month Average | 50.531 % | £133,907 | £398,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £923,675 | £910,000 | 111 CHURCH LANE |
| 12 Jul 2023 | £273,683 | £270,000 | 18 FIELD ROAD |
| 13 Mar 2023 | £429,042 | £425,000 | 364 GLEBELANDS ROAD |
| 27 Aug 2021 | £247,667 | £222,000 | 3 DERBY ROAD |
| 10 Dec 2020 | £568,118 | £495,000 | 104 CHURCH LANE |
This house has a floor area of 100 sq meters or 1,083 sq feet when measured on 16 Nov 2011. Using an estimated price of £353,921 means this house is valued at £3,515 per sq meter (£326 per sq foot).
The average size of a house on GREEN LANE is 89 sq meters (964 sq feet).