£137,596
This estimated value is based upon the latest sale price for the house of £88,000 on 7 Dec 2007. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £88,000 | 7 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2007 the House Price Index for GREATER MANCHESTER was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £88,000 results in an estimated price of approximately £137,596.
| 7 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £88,000 | £49,596 | £137,596 |
The Postcode Pricing Model uses changes in average sales price within the OL10 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 | 88.320 % | £77,721 | £165,721 |
| 3 Month Average | 61.601 % | £54,208 | £142,208 |
| 6 Month Average | 51.837 % | £45,616 | £133,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £151,309 | £149,995 | 14 LEWIS DRIVE |
| 12 Apr 2024 | £126,095 | £125,000 | 198 ARGYLE STREET |
| 14 Mar 2024 | £140,153 | £138,000 | 22 GORDON WAY |
| 29 Nov 2023 | £143,646 | £140,000 | 2 SKYE CLOSE |
| 21 Aug 2023 | £147,663 | £145,000 | 4 CRAIL PLACE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 May 2016. Using an estimated price of £137,597 means this house is valued at £1,563 per sq meter (£145 per sq foot).
The average size of a house on SUTHERLAND ROAD is 83 sq meters (900 sq feet).