£166,563
This estimated value is based upon the latest sale price for the house of £100,000 on 28 Jun 2013. This value is then adjusted by the current Official House Price Index for YORK 1
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| Price Paid | Date |
|---|---|
| £100,000 | 28 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,096 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 June 2013 the House Price Index for YORK was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £100,000 results in an estimated price of approximately £166,563.
| 28 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £100,000 | £66,563 | £166,563 |
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 | 28.565 % | £28,564 | £128,564 |
| 3 Month Average | 46.244 % | £46,243 | £146,243 |
| 6 Month Average | 73.210 % | £73,209 | £173,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £428,751 | £425,000 | 41 NEW LANE |
| 14 Feb 2023 | £259,825 | £260,000 | 108 HAMILTON DRIVE |
| 27 Jan 2023 | £432,961 | £435,000 | 2 HAMILTON WAY |
| 15 Jul 2022 | £280,756 | £280,000 | 16 NORTHCOTE AVENUE |
| 7 Jul 2022 | £510,123 | £508,750 | 6 MURRAY STREET |
This house has a floor area of 101 sq meters or 1,096 sq feet when measured on 14 Jun 2010. Using an estimated price of £166,563 means this house is valued at £1,635 per sq meter (£151 per sq foot).
The average size of a house on NEW LANE is 105 sq meters (1,134 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Northcote Avenue |
| Mar 2024 | Anti-social behaviour | On or near Northcote Avenue | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northcote Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northcote Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northcote Avenue |