£217,636
This estimated value is based upon the latest sale price for the house of £125,000 on 4 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £125,000 | 4 Dec 2009 |
| Semi-Detached |
| Leasehold |
| Floor Area: 143 sq meters or 1,539 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 December 2009 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £125,000 results in an estimated price of approximately £217,636.
| 4 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £125,000 | £92,636 | £217,636 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 56.961 % | £71,200 | £196,200 |
| 3 Month Average | 62.009 % | £77,510 | £202,510 |
| 6 Month Average | 64.435 % | £80,543 | £205,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £398,791 | £390,000 | 23 DOE HEY ROAD |
| 11 Aug 2023 | £310,602 | £305,000 | 19 BOSCOBEL ROAD |
| 23 Jun 2023 | £149,207 | £146,217 | 176 GREEN LANE |
| 12 Apr 2023 | £83,563 | £82,000 | 262 CRESCENT ROAD |
| 26 May 2022 | £251,553 | £245,000 | 8 BOSCOBEL ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 11 Jul 2013. Using an estimated price of £217,636 means this house is valued at £1,521 per sq meter (£141 per sq foot).
The average size of a house on GREEN LANE is 153 sq meters (1,655 sq feet).