£331,666
This estimated value is based upon the latest sale price for the house of £270,000 on 12 Jul 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 |
|---|---|
| £270,000 | 12 Jul 2019 |
| £193,000 | 28 Aug 2015 |
| £175,000 | 20 Feb 2006 |
| £44,500 | 19 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 899 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £270,000 results in an estimated price of approximately £331,666.
| 12 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £270,000 | £61,666 | £331,666 |
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 | 36.102 % | £97,475 | £367,475 |
| 3 Month Average | 20.091 % | £54,245 | £324,245 |
| 6 Month Average | 29.845 % | £80,581 | £350,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £434,106 | £430,000 | 22 HOPE ROAD |
| 23 Jun 2023 | £191,553 | £190,000 | 30 HOPE ROAD |
| 25 Jul 2022 | £499,325 | £500,000 | 2A SPRINGFIELD ROAD |
| 14 Jul 2022 | £329,555 | £330,000 | 1 ERA STREET |
| 30 May 2022 | £484,705 | £477,500 | 33 HOPE ROAD |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 27 May 2011. Using an estimated price of £331,667 means this house is valued at £3,967 per sq meter (£368 per sq foot).
The average size of a house on HOPE ROAD is 81 sq meters (882 sq feet).