5, Hope Street
5, Hope Street
Description & Estimates
Public records show 5, Hope Street, Salford to be a modern freehold house with 1,700 ft2 of internal area, sitting on a 223 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Hope Street, Salford has an estimated sale value of £403,263 and an estimated rental value of £1,889 per month, assuming reasonable condition and based on the information available.
Hope Street, Salford, M7 lies in the borough of Salford, within the M7 postal district.
Our Data Sources
5, Hope Street, Salford has a single entry in the Land Registry from November 2017 and a single entry in the EPC database dated July 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Hope Street, Salford would be worth £423,426, with a potential rental value of £1,984 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £375,035, with a rental value of £1,757 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Hope Street, Salford has declined by £5,823 (1.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £77 (4.1%). The property's estimated gross yield is currently 5.6%.
Plot Size
5, Hope Street, Salford occupies a 223 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
5, Hope Street, Salford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Hope Street, Salford last changed hands on 2nd November 2017, selling for £170,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 1.5% since November 2017.
- Sold Nov 2017£170,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 5, Hope Street, Salford across the last 2 years.
Most recently, 396, Great Clowes Street, Salford, M7 2EB, a freehold house, sold at £300,000 on the 25th August 2022.
Read more about house prices in M7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Hope Street, Salford as the 9th largest and the 7th most expensive of the 14 addresses on Hope Street, Salford, M7.
Against the M7 postcode district average, it is £152k more expensive than the typical property.
More reading links
Schools Nearby
- 400mBrentnall Academy
- 500mSt Boniface RC Primary School
- 600mBroughton Jewish Cassel Fox Primary School
- 400mBeis Yaakov High School
- 1.5kmThe Albion Academy
- 1.7kmThe King David High School
More reading links
Public Transport Nearby
Salford Crescent station is the nearest stop to 5, Hope Street, Salford at 2.3 kilometres away.
- 2.3kmSalford Crescent
- 2.6kmManchester Victoria
- 2.7kmSalford Central
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
