£184,044
This estimated value is based upon the latest sale price for the house of £150,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £150,000 | 27 Sep 2019 |
| £131,000 | 25 May 2017 |
| £124,500 | 17 Apr 2014 |
| £51,000 | 11 Apr 1997 |
| £26,500 | 18 Oct 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 September 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £150,000 results in an estimated price of approximately £184,044.
| 27 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £150,000 | £34,044 | £184,044 |
The Postcode Pricing Model uses changes in average sales price within the BL1 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 | 48.015 % | £72,022 | £222,022 |
| 3 Month Average | 33.586 % | £50,378 | £200,378 |
| 6 Month Average | 24.592 % | £36,888 | £186,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £208,081 | £205,000 | 48 BRIGHTON AVENUE |
| 19 Sep 2023 | £222,849 | £220,000 | 30 AINSLIE ROAD |
| 28 Jul 2023 | £177,387 | £175,000 | 17 TENBY AVENUE |
| 30 Jun 2023 | £248,004 | £245,000 | 7 WELBECK ROAD |
| 19 Jun 2023 | £138,680 | £137,000 | 7 TENBY AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 27 Oct 2012. Using an estimated price of £184,045 means this house is valued at £2,521 per sq meter (£234 per sq foot).
The average size of a house on SUTHERLAND ROAD is 94 sq meters (1,020 sq feet).