£383,544
This estimated value is based upon the latest sale price for the house of £310,350 on 19 Dec 2019. 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 |
|---|---|
| £310,350 | 19 Dec 2019 |
| £285,000 | 5 Jan 2018 |
| £230,000 | 29 Mar 2016 |
| £224,000 | 22 Feb 2008 |
| £104,950 | 19 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £310,350 results in an estimated price of approximately £383,544.
| 19 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £310,350 | £73,194 | £383,544 |
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 | 37.985 % | £117,885 | £428,235 |
| 3 Month Average | 35.809 % | £111,132 | £421,482 |
| 6 Month Average | 19.592 % | £60,804 | £371,154 |
| 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 119 sq meters or 1,280 sq feet when measured on 3 Oct 2017. Using an estimated price of £383,545 means this house is valued at £3,223 per sq meter (£299 per sq foot).
The average size of a house on HOPE ROAD is 81 sq meters (882 sq feet).