£2,721,385
This estimated value is based upon the latest sale price for the house of £1,595,000 on 4 Apr 2012. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,595,000 | 4 Apr 2012 |
| £525,000 | 25 Jan 2001 |
| Detached |
| Freehold |
| Floor Area: 407 sq meters or 4,385 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH YORKSHIRE to estimate the market value.
When this house was purchased in April 2012 the House Price Index for NORTH YORKSHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £1,595,000 results in an estimated price of approximately £2,721,385.
| 4 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £1,595,000 | £1,126,385 | £2,721,385 |
The Postcode Pricing Model uses changes in average sales price within the HG2 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 | 77.635 % | £1,238,279 | £2,833,279 |
| 3 Month Average | 45.789 % | £730,340 | £2,325,340 |
| 6 Month Average | 46.823 % | £746,823 | £2,341,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £1,268,784 | £1,250,000 | 3 HORNBEAM CRESCENT |
| 21 Jun 2023 | £1,012,262 | £1,000,000 | 11 HORNBEAM CRESCENT |
| 25 Apr 2023 | £874,415 | £865,000 | 8 WHEATLANDS WAY |
| 12 Aug 2022 | £698,121 | £700,000 | 23 OATLANDS DRIVE |
| 15 Jul 2022 | £1,383,725 | £1,380,000 | 167 HOOKSTONE ROAD |
This house has a floor area of 407 sq meters or 4,385 sq feet when measured on 6 Feb 2012. Using an estimated price of £2,721,385 means this house is valued at £6,679 per sq meter (£620 per sq foot).
The average size of a house on PARK EDGE is 345 sq meters (3,721 sq feet).
This house is the largest in the street with a floor area of 407 sq meters (4,385 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Edge |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Hornbeam Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Ronan'S Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |