£100,631
This estimated value is based upon the latest sale price for the house of £60,000 on 26 Apr 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £60,000 | 26 Apr 2013 |
| £48,300 | 26 Oct 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 April 2013 the House Price Index for GREATER MANCHESTER was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £60,000 results in an estimated price of approximately £100,631.
| 26 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £60,000 | £40,631 | £100,631 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 66.858 % | £40,114 | £100,114 |
| 3 Month Average | 71.804 % | £43,082 | £103,082 |
| 6 Month Average | 76.088 % | £45,653 | £105,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £359,843 | £355,000 | 59 CHURCH LANE |
| 12 Jul 2023 | £273,683 | £270,000 | 18 FIELD ROAD |
| 12 Jul 2023 | £344,638 | £340,000 | 10 FARMFIELD |
| 15 Jul 2022 | £111,801 | £111,500 | FLAT 14 CHAPEL COURT GREEN LANE |
| 31 Mar 2022 | £399,531 | £385,550 | 15 FARMFIELD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 16 Mar 2010. Using an estimated price of £100,631 means this house is valued at £2,011 per sq meter (£186 per sq foot).
The average size of a house on GREEN LANE is 89 sq meters (964 sq feet).