£1,268,784
This estimated value is based upon the latest sale price for the house of £1,250,000 on 1 Nov 2023. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,250,000 | 1 Nov 2023 |
| £630,000 | 24 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 224 sq meters or 2,411 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 2023 the House Price Index for NORTH YORKSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,268,784.
| 1 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £1,250,000 | £18,784 | £1,268,784 |
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 | 19.294 % | £241,169 | £1,491,169 |
| 3 Month Average | -4.850 % | £-60,627 | £1,189,372 |
| 6 Month Average | -11.201 % | £-140,017 | £1,109,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £1,268,784 | £1,250,000 | 3 HORNBEAM CRESCENT |
| 29 Aug 2023 | £575,031 | £570,000 | FLAT 1 WHEATLANDS COURT, 42 WHEATLANDS ROAD EAST |
| 18 Aug 2023 | £984,614 | £976,000 | 11 RAYLEIGH ROAD |
| 18 Aug 2023 | £1,084,487 | £1,075,000 | 15 RAYLEIGH ROAD |
| 4 Aug 2023 | £1,044,134 | £1,035,000 | 7 RAYLEIGH ROAD |
This house has a floor area of 224 sq meters or 2,411 sq feet when measured on 23 Mar 2012. Using an estimated price of £1,268,784 means this house is valued at £5,663 per sq meter (£526 per sq foot).
The average size of a house on HORNBEAM CRESCENT is 247 sq meters (2,660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Hornbeam Crescent |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Edge |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Other theft | On or near Hornbeam Park (Station) |