£575,762
This estimated value is based upon the latest sale price for the house of £400,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £400,000 | 10 Jul 2015 |
| Detached |
| Leasehold |
| Floor Area: 170 sq meters or 1,829 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 July 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £400,000 results in an estimated price of approximately £575,762.
| 10 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £400,000 | £175,762 | £575,762 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 20.131 % | £80,522 | £480,522 |
| 3 Month Average | 28.229 % | £112,916 | £512,916 |
| 6 Month Average | 36.254 % | £145,016 | £545,016 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £118,033 | £117,000 | 22 RYDAL COURT |
| 21 Jul 2023 | £588,926 | £581,000 | 38 CARLTON ROAD |
| 3 Jul 2023 | £390,252 | £385,000 | 22 GREENMOUNT CLOSE |
| 26 Jun 2023 | £602,296 | £595,000 | 1A RYDAL ROAD |
| 7 Jun 2023 | £356,316 | £352,000 | 15B RYDAL ROAD |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 9 Apr 2013. Using an estimated price of £575,763 means this house is valued at £3,386 per sq meter (£314 per sq foot).
The average size of a house on GREENMOUNT LANE is 188 sq meters (2,025 sq feet).