£255,468
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Aug 2012. This value is then adjusted by the current Official House Price Index for YORK 1
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| Price Paid | Date |
|---|---|
| £150,000 | 29 Aug 2012 |
| £150,000 | 29 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 927 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 August 2012 the House Price Index for YORK was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £150,000 results in an estimated price of approximately £255,468.
| 29 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £150,000 | £105,468 | £255,468 |
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 | 40.742 % | £61,113 | £211,113 |
| 3 Month Average | 44.107 % | £66,161 | £216,161 |
| 6 Month Average | 67.617 % | £101,425 | £251,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £417,654 | £414,000 | 9 FORESTERS WALK |
| 1 Jun 2022 | £273,870 | £270,000 | 14 STIRRUP CLOSE |
| 28 Feb 2022 | £269,514 | £257,000 | 16 WATERMAN COURT |
| 24 Feb 2022 | £288,391 | £275,000 | 2 TEDDER ROAD |
| 11 Feb 2022 | £272,661 | £260,000 | 20 OTTERWOOD LANE |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 16 Feb 2012. Using an estimated price of £255,469 means this house is valued at £2,965 per sq meter (£275 per sq foot).
The average size of a house on OTTERWOOD BANK is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beechwood Glade |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Beechwood Glade |