£325,101
This estimated value is based upon the latest sale price for the house of £174,500 on 12 May 2005. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £174,500 | 12 May 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 274 sq meters or 2,949 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 May 2005 the House Price Index for GREATER MANCHESTER was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £174,500 results in an estimated price of approximately £325,101.
| 12 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £174,500 | £150,601 | £325,101 |
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 | 78.607 % | £137,169 | £311,669 |
| 3 Month Average | 80.640 % | £140,716 | £315,216 |
| 6 Month Average | 86.494 % | £150,932 | £325,432 |
| 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 274 sq meters or 2,949 sq feet when measured on 19 Sep 2014. Using an estimated price of £325,102 means this house is valued at £1,186 per sq meter (£110 per sq foot).
The average size of a house on GREEN LANE is 153 sq meters (1,655 sq feet).
This house is the largest in the street with a floor area of 274 sq meters (2,949 sq feet).