£517,992
This estimated value is based upon the latest sale price for the house of £385,000 on 1 Jun 2016. 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 |
|---|---|
| £385,000 | 1 Jun 2016 |
| £55,000 | 12 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 June 2016 the House Price Index for GREATER MANCHESTER was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £385,000 results in an estimated price of approximately £517,992.
| 1 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £385,000 | £132,992 | £517,992 |
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 | 33.084 % | £127,374 | £512,374 |
| 3 Month Average | 48.682 % | £187,424 | £572,424 |
| 6 Month Average | 63.940 % | £246,170 | £631,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £474,117 | £470,000 | APARTMENT 44 BRINDLEY LODGE, 2 HOPE ROAD |
| 14 Nov 2023 | £376,559 | £367,000 | 3 THORN GROVE |
| 23 Jun 2023 | £193,885 | £190,000 | 30 HOPE ROAD |
| 21 Apr 2023 | £203,812 | £200,000 | APARTMENT 51 BRINDLEY LODGE, 2 HOPE ROAD |
| 3 Mar 2023 | £193,227 | £190,000 | APARTMENT 2 BRINDLEY LODGE, 2 HOPE ROAD |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 31 Mar 2016. Using an estimated price of £517,993 means this house is valued at £2,697 per sq meter (£250 per sq foot).
The average size of a house on HOPE ROAD is 81 sq meters (882 sq feet).
This house is the largest in the street with a floor area of 192 sq meters (2,066 sq feet).