£234,693
This estimated value is based upon the latest sale price for the house of £135,000 on 27 May 2006. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £135,000 | 27 May 2006 |
| £12,000 | 23 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 930 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 May 2006 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 73.847%.Applying this 73.847% change to the original purchase price of £135,000 results in an estimated price of approximately £234,693.
| 27 May 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.0 | 73.847 % | £135,000 | £99,693 | £234,693 |
The Postcode Pricing Model uses changes in average sales price within the OL9 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 | 33.939 % | £45,817 | £180,817 |
| 3 Month Average | 46.593 % | £62,900 | £197,900 |
| 6 Month Average | 57.403 % | £77,493 | £212,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £216,168 | £215,000 | 172 MANCHESTER ROAD |
| 10 Feb 2023 | £159,247 | £160,000 | 3 AGNES CLOSE |
| 8 Jul 2022 | £184,750 | £185,000 | 14 AGNES CLOSE |
| 7 Jan 2022 | £298,725 | £285,000 | 248 MANCHESTER ROAD |
| 21 Dec 2021 | £192,069 | £180,000 | 4 AGNES CLOSE |
This house has a floor area of 86 sq meters or 930 sq feet when measured on 14 Mar 2012. Using an estimated price of £234,694 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on SUFFOLK STREET is 98 sq meters (1,058 sq feet).