£309,882
This estimated value is based upon the latest sale price for the house of £270,000 on 16 Dec 2020. 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 |
|---|---|
| £270,000 | 16 Dec 2020 |
| £76,100 | 8 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £270,000 results in an estimated price of approximately £309,882.
| 16 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £270,000 | £39,882 | £309,882 |
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 | -1.179 % | £-3,182 | £266,817 |
| 3 Month Average | -0.449 % | £-1,213 | £268,786 |
| 6 Month Average | 6.825 % | £18,427 | £288,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £419,362 | £414,000 | 55 HOPE ROAD |
| 28 Jul 2023 | £435,866 | £430,000 | 22 HOPE ROAD |
| 23 Jun 2023 | £192,330 | £190,000 | 30 HOPE ROAD |
| 25 Jul 2022 | £501,350 | £500,000 | 2A SPRINGFIELD ROAD |
| 14 Jul 2022 | £330,891 | £330,000 | 1 ERA STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 23 Sep 2013. Using an estimated price of £309,883 means this house is valued at £3,405 per sq meter (£316 per sq foot).
The average size of a house on HOPE ROAD is 81 sq meters (882 sq feet).