£701,071
This estimated value is based upon the latest sale price for the house of £444,995 on 31 Mar 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £444,995 | 31 Mar 2008 |
| Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 2008 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £444,995 results in an estimated price of approximately £701,071.
| 31 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £444,995 | £256,076 | £701,071 |
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 | -22.488 % | £-100,070 | £344,924 |
| 3 Month Average | 61.527 % | £273,792 | £718,787 |
| 6 Month Average | 56.394 % | £250,950 | £695,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £607,771 | £600,000 | 83 GREEN LANE |
| 4 Aug 2023 | £474,148 | £470,000 | 5 ALVASTON AVENUE |
| 29 Apr 2022 | £432,516 | £420,000 | 58 GREEN LANE |
| 22 Apr 2022 | £391,324 | £380,000 | 24 ALVASTON AVENUE |
| 23 Dec 2021 | £449,978 | £420,000 | 4 RYEDALE CLOSE |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 18 Feb 2014. Using an estimated price of £701,071 means this house is valued at £3,651 per sq meter (£339 per sq foot).
The average size of a house on GREEN LANE is 91 sq meters (979 sq feet).
This house is the largest in the street with a floor area of 192 sq meters (2,066 sq feet).