£324,177
This estimated value is based upon the latest sale price for the house of £190,000 on 4 Apr 2012. 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 |
|---|---|
| £190,000 | 4 Apr 2012 |
| £182,500 | 7 Jul 2006 |
| Semi-Detached |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 2012 the House Price Index for GREATER MANCHESTER was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £190,000 results in an estimated price of approximately £324,177.
| 4 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £190,000 | £134,177 | £324,177 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | 50.034 % | £95,065 | £285,065 |
| 3 Month Average | 62.148 % | £118,080 | £308,080 |
| 6 Month Average | 71.404 % | £135,667 | £325,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2022 | £3,463 | £3,500 | 82 WARWICK ROAD SOUTH |
| 21 Mar 2022 | £362,692 | £350,000 | 265 KINGS ROAD |
| 19 Nov 2021 | £427,198 | £395,000 | 4 BEDFORD ROAD |
| 5 Nov 2021 | £421,790 | £390,000 | 20 SUTHERLAND ROAD |
| 27 Aug 2021 | £407,200 | £365,000 | 26 SUTHERLAND ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 21 Jan 2012. Using an estimated price of £324,178 means this house is valued at £3,412 per sq meter (£317 per sq foot).
The average size of a house on SUTHERLAND ROAD is 96 sq meters (1,043 sq feet).