£268,603
This estimated value is based upon the latest sale price for the house of £156,000 on 22 Mar 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 |
|---|---|
| £156,000 | 22 Mar 2012 |
| £162,690 | 15 Jun 2007 |
| £104,500 | 18 Dec 2002 |
| £79,000 | 25 Aug 2000 |
| £42,500 | 14 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 March 2012 the House Price Index for GREATER MANCHESTER was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £156,000 results in an estimated price of approximately £268,603.
| 22 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £156,000 | £112,603 | £268,603 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 114.188 % | £178,132 | £334,132 |
| 3 Month Average | 98.014 % | £152,901 | £308,901 |
| 6 Month Average | 74.790 % | £116,673 | £272,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £423,332 | £414,000 | 55 HOPE ROAD |
| 14 Jul 2022 | £333,340 | £330,000 | 1 ERA STREET |
| 30 May 2022 | £490,273 | £477,500 | 33 HOPE ROAD |
| 29 Oct 2021 | £317,681 | £285,000 | 9 ERA STREET |
| 28 Oct 2021 | £697,783 | £626,000 | FLAT 1 2 HOLMEFIELD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 5 Nov 2021. Using an estimated price of £268,603 means this house is valued at £3,443 per sq meter (£319 per sq foot).
The average size of a house on ERA STREET is 71 sq meters (772 sq feet).