£190,732
This estimated value is based upon the latest sale price for the house of £159,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £159,000 | 27 Mar 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 March 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £159,000 results in an estimated price of approximately £190,732.
| 27 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £159,000 | £31,732 | £190,732 |
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 | -42.359 % | £-67,351 | £91,648 |
| 3 Month Average | 35.995 % | £57,231 | £216,231 |
| 6 Month Average | 19.518 % | £31,033 | £190,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2023 | £286,549 | £285,000 | 132 GREEN LANE |
| 20 Jul 2022 | £209,717 | £210,000 | 10 BRAE SIDE |
| 3 May 2022 | £248,697 | £245,000 | 40 MIDDLE GATE |
| 3 Feb 2022 | £255,893 | £245,000 | 1 FAIRFIELDS |
| 27 Sep 2021 | £216,795 | £202,000 | 8 FAIRFIELDS |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 4 Sep 2019. Using an estimated price of £190,732 means this house is valued at £2,029 per sq meter (£188 per sq foot).
The average size of a house on GREEN LANE is 100 sq meters (1,086 sq feet).