£236,751
This estimated value is based upon the latest sale price for the house of £190,000 on 20 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £190,000 | 20 Aug 2018 |
| Semi-Detached |
| Leasehold |
| 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £190,000 results in an estimated price of approximately £236,751.
| 20 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £190,000 | £46,751 | £236,751 |
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 | 10.757 % | £20,438 | £210,438 |
| 3 Month Average | 27.232 % | £51,741 | £241,741 |
| 6 Month Average | 51.412 % | £97,683 | £287,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £237,291 | £230,000 | 67 LAKESIDE AVENUE |
| 8 Dec 2023 | £226,974 | £220,000 | 65 LAKESIDE AVENUE |
| 8 Jun 2023 | £193,885 | £190,000 | 27 LOWTHER STREET |
| 31 Mar 2023 | £162,717 | £160,000 | 32 LEVERHULME AVENUE |
| 10 Feb 2023 | £291,950 | £290,000 | 17 BISHOPS ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 18 Jun 2018. Using an estimated price of £236,751 means this house is valued at £1,835 per sq meter (£170 per sq foot).
The average size of a house on GREEN LANE is 153 sq meters (1,655 sq feet).