£140,695
This estimated value is based upon the latest sale price for the house of £87,000 on 26 Jun 2008. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £87,000 | 26 Jun 2008 |
| £46,000 | 12 Nov 2003 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2008 the House Price Index for GREATER MANCHESTER was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £87,000 results in an estimated price of approximately £140,695.
| 26 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.719 % | £87,000 | £53,695 | £140,695 |
The Postcode Pricing Model uses changes in average sales price within the OL8 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 | 15.975 % | £13,898 | £100,898 |
| 3 Month Average | 28.821 % | £25,074 | £112,074 |
| 6 Month Average | 29.621 % | £25,770 | £112,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £161,412 | £160,000 | 29 MARLAND FOLD LANE |
| 23 Jun 2023 | £149,815 | £148,000 | 31 ROSARY ROAD |
| 31 Mar 2023 | £162,531 | £161,000 | 30 WESTERHILL ROAD |
| 27 May 2022 | £123,324 | £121,000 | 751 ASHTON ROAD |
| 21 Oct 2021 | £113,967 | £103,000 | 713 ASHTON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 28 Mar 2014. Using an estimated price of £140,695 means this house is valued at £1,981 per sq meter (£184 per sq foot).
The average size of a house on SUTHERLAND CLOSE is 85 sq meters (924 sq feet).