£289,976
This estimated value is based upon the latest sale price for the house of £80,000 on 1 Nov 2000. 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 |
|---|---|
| £80,000 | 1 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 November 2000 the House Price Index for GREATER MANCHESTER was 40.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 262.471%.Applying this 262.471% change to the original purchase price of £80,000 results in an estimated price of approximately £289,976.
| 1 Nov 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.0 | 262.471 % | £80,000 | £209,976 | £289,976 |
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 | 305.215 % | £244,172 | £324,172 |
| 3 Month Average | 268.259 % | £214,606 | £294,606 |
| 6 Month Average | 265.485 % | £212,387 | £292,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £470,000 | £470,000 | APARTMENT 44 BRINDLEY LODGE, 2 HOPE ROAD |
| 14 Nov 2023 | £371,773 | £367,000 | 3 THORN GROVE |
| 28 Jul 2023 | £434,106 | £430,000 | 22 HOPE ROAD |
| 23 Jun 2023 | £191,553 | £190,000 | 30 HOPE ROAD |
| 21 Apr 2023 | £201,498 | £200,000 | APARTMENT 51 BRINDLEY LODGE, 2 HOPE ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Sep 2020. Using an estimated price of £289,977 means this house is valued at £3,052 per sq meter (£283 per sq foot).
The average size of a house on HOPE ROAD is 81 sq meters (882 sq feet).