£257,937
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £185,000 | 2 Dec 2015 |
| £97,500 | 19 Apr 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 95 sq meters or 1,023 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £185,000 results in an estimated price of approximately £257,937.
| 2 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £185,000 | £72,937 | £257,937 |
The Postcode Pricing Model uses changes in average sales price within the OL11 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 | 109.987 % | £203,476 | £388,476 |
| 3 Month Average | 35.006 % | £64,761 | £249,761 |
| 6 Month Average | 47.495 % | £87,866 | £272,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £481,396 | £474,000 | 13 GALBRAITH WAY |
| 16 Jun 2023 | £443,896 | £435,000 | 8 RILLDENE WALK |
| 23 Feb 2023 | £372,488 | £370,000 | 3 BRAMLEY ROAD |
| 20 Jan 2023 | £305,817 | £305,000 | 14 BRAMLEY ROAD |
| 11 Nov 2022 | £490,208 | £492,500 | 1 GALBRAITH WAY |
This house has a floor area of 95 sq meters or 1,023 sq feet when measured on 19 Oct 2010. Using an estimated price of £257,938 means this house is valued at £2,712 per sq meter (£251 per sq foot).
The average size of a house on GREENVALE is 118 sq meters (1,279 sq feet).