£191,723
This estimated value is based upon the latest sale price for the house of £172,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £172,000 | 29 Oct 2021 |
| Terraced |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 October 2021 the House Price Index for GREATER MANCHESTER was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £172,000 results in an estimated price of approximately £191,723.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £172,000 | £19,723 | £191,723 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 18.581 % | £31,959 | £203,959 |
| 3 Month Average | 31.557 % | £54,278 | £226,278 |
| 6 Month Average | 15.304 % | £26,322 | £198,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £208,199 | £205,000 | 1 TEESDALE DRIVE |
| 30 Jun 2023 | £316,339 | £310,000 | 30 KENWOOD AVENUE |
| 31 Mar 2023 | £335,605 | £330,000 | 20 GREEN LANE |
| 20 Jan 2023 | £401,072 | £400,000 | 29 GREEN LANE |
| 28 Oct 2022 | £189,368 | £190,000 | 4A WASH LANE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 5 Jul 2021. Using an estimated price of £191,723 means this house is valued at £1,936 per sq meter (£179 per sq foot).
The average size of a house on GREEN LANE is 121 sq meters (1,308 sq feet).