3, GREENE WAY, SALFORD, M7 3BP - £163,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 GREENE WAY is a very small terraced house of 85m², which could now be worth an estimated £289,735. It was last sold for £163,000 in June 2016, which was around 37% above the average June 2016 terraced price in the Salford local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

3 GREENE WAY Sold Prices

Land registry data shows two sales for 3 GREENE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Salford local authority area for the corresponding sale date. Both of the two 3 GREENE WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 24 JUN	£163,000	£118,875	37% above HPI
2013 30 AUG	£159,950	£94,261	70% above HPI

3 GREENE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Salford local authority area over time, sourced from the HPI. The two 3 GREENE WAY sales from August 2013 and June 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2013 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the June 2016 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 3 GREENE WAY be worth now?

3 GREENE WAY might now be worth an estimated £289,735.

This is based on house price inflation of 77.8%, between June 2016 and June 2025, for terraced houses, in the Salford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.8% inflationary increase is applied to the most recent sale price for 3 GREENE WAY of £163,000 on 24th June 2016. For the value to have increased from £163,000 to £289,735 over the nine years to June 2025, the following assumptions must hold true:

• The value of 3 GREENE WAY has moved in line with the HPI for terraced houses in the Salford local authority area.
• The June 2016 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GREENE WAY has not materially changed since June 2016.

How Large is 3 GREENE WAY?

3 GREENE WAY is 85m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of terraced houses houses in Salford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Salford, and where 3 GREENE WAY lies on this distribution: 17% of terraced houses houses are smaller than 3 GREENE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Salford.

3 GREENE WAY: Plot and Title Map

3 GREENE WAY sits on a plot of roughly 24.5 acres, or 98,987m². The below map shows the location of 3 GREENE WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 GREENE WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 GREENE WAY?

3 GREENE WAY is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 3 on GREENE WAY.