£248,957
This estimated value is based upon the latest sale price for the house of £225,000 on 4 Oct 2021. This value is then adjusted by the current Official House Price Index for YORK 1
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| Price Paid | Date |
|---|---|
| £225,000 | 4 Oct 2021 |
| £200,000 | 8 Dec 2017 |
| £150,000 | 16 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 sq feet |
This model uses changes in the Official Land Registry House Price Index for YORK to estimate the market value.
When this house was purchased in October 2021 the House Price Index for YORK was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £225,000 results in an estimated price of approximately £248,957.
| 4 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £225,000 | £23,957 | £248,957 |
The Postcode Pricing Model uses changes in average sales price within the YO24 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 | 6.666 % | £14,999 | £239,999 |
| 3 Month Average | 13.506 % | £30,389 | £255,389 |
| 6 Month Average | 25.424 % | £57,204 | £282,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £219,924 | £218,000 | 7 MINTER CLOSE |
| 28 Feb 2023 | £261,824 | £262,000 | 15 ST JOSEPHS COURT |
| 1 Jul 2022 | £250,675 | £250,000 | 25 ASKHAM CROFT |
| 28 Feb 2022 | £269,514 | £257,000 | 16 WATERMAN COURT |
| 11 Feb 2022 | £272,661 | £260,000 | 20 OTTERWOOD LANE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 27 May 2021. Using an estimated price of £248,958 means this house is valued at £3,830 per sq meter (£355 per sq foot).
The average size of a house on MINTER CLOSE is 71 sq meters (765 sq feet).