£159,879
This estimated value is based upon the latest sale price for the house of £36,995 on 23 Jun 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £36,995 | 23 Jun 1999 |
| £20,235 | 29 Mar 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 1999 the House Price Index for GREATER MANCHESTER was 33.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 332.165%.Applying this 332.165% change to the original purchase price of £36,995 results in an estimated price of approximately £159,879.
| 23 Jun 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 146.7 | 332.165 % | £36,995 | £122,884 | £159,879 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 256.771 % | £94,992 | £131,987 |
| 3 Month Average | 256.835 % | £95,016 | £132,011 |
| 6 Month Average | 331.011 % | £122,457 | £159,452 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 23 Sep 2020.
The average size of a house on GREEN LANE is 91 sq meters (985 sq feet).