£320,800
This estimated value is based upon the latest sale price for the house of £237,500 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £237,500 | 23 Mar 2016 |
| £195,000 | 27 Oct 2015 |
| £57,500 | 3 Mar 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £237,500 results in an estimated price of approximately £320,800.
| 23 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £237,500 | £83,300 | £320,800 |
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 | -16.175 % | £-38,414 | £199,085 |
| 3 Month Average | 46.462 % | £110,346 | £347,846 |
| 6 Month Average | 36.179 % | £85,924 | £323,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £370,740 | £366,000 | 246 GREEN LANE |
| 28 Jul 2023 | £356,295 | £351,500 | 27 BOWER AVENUE |
| 24 Mar 2023 | £405,823 | £402,000 | 9 BOWER AVENUE |
| 14 Mar 2023 | £277,615 | £275,000 | 248 GREEN LANE |
| 30 Jan 2023 | £442,914 | £445,000 | 35 BOWER AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 16 Dec 2015. Using an estimated price of £320,800 means this house is valued at £5,832 per sq meter (£541 per sq foot).
The average size of a house on GREEN LANE is 91 sq meters (979 sq feet).