£299,504
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Apr 2017. 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 |
---|---|
£230,000 | 5 Apr 2017 |
£225,000 | 27 Sep 2013 |
Detached |
Leasehold |
Floor Area: 102 sq meters or 1,097 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 April 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £230,000 results in an estimated price of approximately £299,504.
5 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £230,000 | £69,504 | £299,504 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | 49.102 % | £112,934 | £342,934 |
3 Month Average | 41.605 % | £95,690 | £325,690 |
6 Month Average | 53.089 % | £122,105 | £352,105 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £262,156 | £254,100 | 62 CHRISTIE LANE |
15 Sep 2023 | £256,658 | £251,000 | 60 GREENE WAY |
22 Feb 2023 | £279,870 | £278,000 | 38 CHRISTIE LANE |
14 Feb 2023 | £347,320 | £345,000 | 5 MESNEFIELD ROAD |
18 Feb 2022 | £248,151 | £234,890 | 47 GREENE WAY |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 20 Jun 2013. Using an estimated price of £299,504 means this house is valued at £2,936 per sq meter (£272 per sq foot).
The average size of a house on GREENE WAY is 98 sq meters (1,056 sq feet).