£191
This estimated value is based upon the latest sale price for the house of £155 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £155 | 30 Sep 2019 |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 September 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £155 results in an estimated price of approximately £191.
| 30 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £155 | £36 | £191 |
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 | 22.736 % | £35 | £190 |
| 3 Month Average | 49.102 % | £76 | £231 |
| 6 Month Average | 32.056 % | £49 | £204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £138,705 | £137,500 | 205 MORRIS GREEN LANE |
| 4 Aug 2023 | £112,020 | £110,000 | 8 FAIR STREET |
| 27 Jun 2023 | £114,290 | £112,000 | 15 FAIR STREET |
| 31 Mar 2023 | £119,496 | £117,500 | 19 UGANDA STREET |
| 24 Jun 2022 | £132,840 | £130,000 | 7 PARTINGTON STREET |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 17 Mar 2016. Using an estimated price of £192 means this house is valued at £1 per sq meter (£0 per sq foot).
The average size of a house on MORRIS GREEN LANE is 81 sq meters (882 sq feet).