£303,304
This estimated value is based upon the latest sale price for the house of £178,000 on 21 Dec 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 |
|---|---|
| £178,000 | 21 Dec 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 December 2012 the House Price Index for GREATER MANCHESTER was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £178,000 results in an estimated price of approximately £303,304.
| 21 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £178,000 | £125,304 | £303,304 |
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 | 103.711 % | £184,605 | £362,605 |
| 3 Month Average | 44.923 % | £79,963 | £257,963 |
| 6 Month Average | 44.636 % | £79,451 | £257,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £511,620 | £500,000 | 18 SUTHERLAND ROAD |
| 19 Jun 2023 | £411,241 | £403,000 | 59 WARWICK ROAD SOUTH |
| 11 Oct 2022 | £3,488 | £3,500 | 82 WARWICK ROAD SOUTH |
| 21 Mar 2022 | £365,377 | £350,000 | 265 KINGS ROAD |
| 19 Nov 2021 | £430,360 | £395,000 | 4 BEDFORD ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 23 Apr 2013. Using an estimated price of £303,304 means this house is valued at £5,616 per sq meter (£521 per sq foot).
The average size of a house on SUTHERLAND ROAD is 96 sq meters (1,043 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).