£233,294
This estimated value is based upon the latest sale price for the house of £50,000 on 14 Aug 1998. 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 |
|---|---|
| £50,000 | 14 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 August 1998 the House Price Index for GREATER MANCHESTER was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £50,000 results in an estimated price of approximately £233,294.
| 14 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £50,000 | £183,294 | £233,294 |
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 | 370.893 % | £185,446 | £235,446 |
| 3 Month Average | 364.455 % | £182,227 | £232,227 |
| 6 Month Average | 376.459 % | £188,229 | £238,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £267,967 | £264,000 | 49 HAMPSON STREET |
| 17 Nov 2023 | £233,456 | £230,000 | 5 HAMPSON STREET |
| 8 Aug 2023 | £448,927 | £445,000 | 5 JAMES STREET |
| 28 Jun 2023 | £349,230 | £345,000 | 13 SKAIFE ROAD |
| 24 Mar 2023 | £373,519 | £370,000 | 29 ALICE STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Feb 2015. Using an estimated price of £233,294 means this house is valued at £3,954 per sq meter (£367 per sq foot).
The average size of a house on HAMPSON STREET is 67 sq meters (729 sq feet).