£342,565
This estimated value is based upon the latest sale price for the house of £202,000 on 29 Jun 2010. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £202,000 | 29 Jun 2010 |
| £164,000 | 11 Mar 2004 |
| £108,000 | 6 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,101 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 2010 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £202,000 results in an estimated price of approximately £342,565.
| 29 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £202,000 | £140,565 | £342,565 |
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 | -17.969 % | £-36,296 | £165,703 |
| 3 Month Average | 56.690 % | £114,513 | £316,513 |
| 6 Month Average | 50.373 % | £101,752 | £303,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £370,740 | £366,000 | 246 GREEN LANE |
| 24 Aug 2023 | £431,777 | £428,000 | 47 NURSERY ROAD |
| 24 Mar 2023 | £405,823 | £402,000 | 9 BOWER AVENUE |
| 14 Mar 2023 | £277,615 | £275,000 | 248 GREEN LANE |
| 30 Jan 2023 | £442,914 | £445,000 | 35 BOWER AVENUE |
This house has a floor area of 102 sq meters or 1,101 sq feet when measured on 17 Aug 2009. Using an estimated price of £342,566 means this house is valued at £3,348 per sq meter (£311 per sq foot).
The average size of a house on GREEN LANE is 91 sq meters (979 sq feet).