£168,884
This estimated value is based upon the latest sale price for the house of £45,000 on 30 Jun 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £45,000 | 30 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 June 2000 the House Price Index for GREATER MANCHESTER was 39.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £45,000 results in an estimated price of approximately £168,884.
| 30 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.6 | 148.6 | 275.298 % | £45,000 | £123,884 | £168,884 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 146.273 % | £65,823 | £110,823 |
| 3 Month Average | 214.356 % | £96,460 | £141,460 |
| 6 Month Average | 244.606 % | £110,072 | £155,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £597,641 | £590,000 | 14 GLENTRESS MEWS |
| 21 Jul 2023 | £588,926 | £581,000 | 38 CARLTON ROAD |
| 3 Jul 2023 | £390,252 | £385,000 | 22 GREENMOUNT CLOSE |
| 17 Feb 2023 | £304,795 | £305,000 | 26 COPELAND MEWS |
| 6 May 2022 | £555,466 | £545,000 | 9 GREENMOUNT LANE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 28 Sep 2021. Using an estimated price of £168,884 means this house is valued at £3,127 per sq meter (£290 per sq foot).
The average size of a house on GREENMOUNT COURT is 57 sq meters (614 sq feet).