48, GREENE WAY, SALFORD, M7 3BP - £187,500

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.

48 GREENE WAY is a very small semi-detached house of 85m², which could now be worth an estimated £282,374. It was last sold for £187,500 in October 2018, which was around 4% above the average October 2018 semi-detached price in the Salford local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

48 GREENE WAY Sold Prices

Land registry data shows two sales for 48 GREENE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Salford local authority area for the corresponding sale date. Both of the two 48 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
2018 4 OCT	£187,500	£179,514	4% above HPI
2015 24 APR	£162,950	£132,995	23% above HPI

48 GREENE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Salford local authority area over time, sourced from the HPI. The two 48 GREENE WAY sales from April 2015 and October 2018 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 April 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 48 GREENE WAY be worth now?

48 GREENE WAY might now be worth an estimated £282,374.

This is based on house price inflation of 50.6%, between October 2018 and February 2025, for semi-detached 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 50.6% inflationary increase is applied to the most recent sale price for 48 GREENE WAY of £187,500 on 4th October 2018. For the value to have increased from £187,500 to £282,374 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 48 GREENE WAY has moved in line with the HPI for semi-detached houses in the Salford local authority area.
• The October 2018 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 48 GREENE WAY has not materially changed since October 2018.

How Large is 48 GREENE WAY?

48 GREENE WAY is 85m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of semi-detached houses houses in Salford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Salford, and where 48 GREENE WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 48 GREENE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Salford.

48 GREENE WAY: Plot and Title Map

48 GREENE WAY sits on a plot of roughly 24.5 acres, or 98,987m². The below map shows the location of 48 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 48 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 48 GREENE WAY?

48 GREENE WAY is located in SALFORD, in the M7 postcode district. The below map shows the position of No. 48 on GREENE WAY.