£503,446
This estimated value is based upon the latest sale price for the house of £297,500 on 1 Nov 2012. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £297,500 | 1 Nov 2012 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 November 2012 the House Price Index for NORTH YORKSHIRE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £297,500 results in an estimated price of approximately £503,446.
| 1 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £297,500 | £205,946 | £503,446 |
The Postcode Pricing Model uses changes in average sales price within the YO12 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 | 52.480 % | £156,129 | £453,629 |
| 3 Month Average | 53.079 % | £157,910 | £455,410 |
| 6 Month Average | 46.832 % | £139,324 | £436,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £341,557 | £336,500 | 93 HOVINGHAM DRIVE |
| 15 Sep 2023 | £364,663 | £360,000 | 35 HOVINGHAM DRIVE |
| 24 Mar 2023 | £662,845 | £656,600 | 32 STEPNEY DRIVE |
| 3 Feb 2023 | £219,852 | £220,000 | 83 HOVINGHAM DRIVE |
| 29 Apr 2022 | £185,055 | £179,700 | 61 HOVINGHAM DRIVE |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 18 Sep 2014. Using an estimated price of £503,446 means this house is valued at £3,088 per sq meter (£286 per sq foot).
The average size of a house on GILLYLEES is 139 sq meters (1,503 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stepney Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stepney Drive |
| Feb 2024 | Burglary | Under investigation | On or near Leppington Drive |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Caburn Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Graham Crescent |