£300,775
This estimated value is based upon the latest sale price for the house of £72,000 on 29 Oct 1999. 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 |
|---|---|
| £72,000 | 29 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 October 1999 the House Price Index for GREATER MANCHESTER was 35.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 317.743%.Applying this 317.743% change to the original purchase price of £72,000 results in an estimated price of approximately £300,775.
| 29 Oct 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 149.7 | 317.743 % | £72,000 | £228,775 | £300,775 |
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 | 326.415 % | £235,018 | £307,018 |
| 3 Month Average | 316.306 % | £227,740 | £299,740 |
| 6 Month Average | 338.729 % | £243,884 | £315,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £209,764 | £205,000 | FLAT 6 HOLLIES COURT MELROSE AVENUE |
| 29 Sep 2023 | £322,100 | £315,000 | 30 HYDE GROVE |
| 19 Sep 2023 | £243,365 | £238,000 | 1 HYDE GROVE |
| 14 Apr 2023 | £419,853 | £412,000 | 5 OSBORNE TERRACE |
| 12 Apr 2023 | £254,765 | £250,000 | 2 HYDE GROVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Jul 2014. Using an estimated price of £300,775 means this house is valued at £3,457 per sq meter (£321 per sq foot).
The average size of a house on HOPE ROAD is 81 sq meters (882 sq feet).