£138,704
This estimated value is based upon the latest sale price for the house of £137,500 on 16 Apr 2024. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £137,500 | 16 Apr 2024 |
| £35,000 | 22 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2024 the House Price Index for GREATER MANCHESTER was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £137,500 results in an estimated price of approximately £138,704.
| 16 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £137,500 | £1,204 | £138,704 |
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 | 11.260 % | £15,482 | £152,982 |
| 3 Month Average | 8.571 % | £11,785 | £149,285 |
| 6 Month Average | 0.878 % | £1,206 | £138,706 |
| 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 |
| 13 Jul 2022 | £90,911 | £90,000 | 21 UGANDA STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 29 Jul 2016. Using an estimated price of £138,705 means this house is valued at £1,429 per sq meter (£132 per sq foot).
The average size of a house on MORRIS GREEN LANE is 81 sq meters (882 sq feet).