£276,494
This estimated value is based upon the latest sale price for the house of £275,000 on 14 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £275,000 | 14 Mar 2023 |
| £217,500 | 27 Feb 2017 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £275,000 results in an estimated price of approximately £276,494.
| 14 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £275,000 | £1,494 | £276,494 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -43.256 % | £-118,953 | £156,046 |
| 3 Month Average | -13.085 % | £-35,984 | £239,015 |
| 6 Month Average | 0.939 % | £2,582 | £277,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £470,136 | £464,100 | 24 NURSERY ROAD |
| 24 Aug 2023 | £430,619 | £428,000 | 47 NURSERY ROAD |
| 28 Jul 2023 | £354,857 | £351,500 | 27 BOWER AVENUE |
| 24 Mar 2023 | £404,185 | £402,000 | 9 BOWER AVENUE |
| 14 Mar 2023 | £276,495 | £275,000 | 248 GREEN LANE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Apr 2018. Using an estimated price of £276,495 means this house is valued at £3,949 per sq meter (£366 per sq foot).
The average size of a house on GREEN LANE is 91 sq meters (979 sq feet).