£190,023
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £120,000 | 28 Feb 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 February 2014 the House Price Index for GREATER MANCHESTER was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £120,000 results in an estimated price of approximately £190,023.
| 28 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £120,000 | £70,023 | £190,023 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 27.212 % | £32,654 | £152,654 |
| 3 Month Average | 32.868 % | £39,442 | £159,442 |
| 6 Month Average | 52.984 % | £63,580 | £183,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £248,342 | £245,000 | 45 GLAMIS AVENUE |
| 21 Jul 2023 | £195,633 | £193,000 | 33 GLAMIS AVENUE |
| 23 Jun 2023 | £218,649 | £216,000 | 63 GLAMIS AVENUE |
| 21 Apr 2023 | £434,680 | £430,000 | 39 TANGMERE AVENUE |
| 10 Nov 2022 | £691,622 | £700,000 | HOPE COTTAGE LANE END |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 3 Sep 2012. Using an estimated price of £190,023 means this house is valued at £2,753 per sq meter (£255 per sq foot).
The average size of a house on GREENMOUNT DRIVE is 84 sq meters (911 sq feet).