£306,743
This estimated value is based upon the latest sale price for the house of £292,500 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for YORK 1
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| Price Paid | Date |
|---|---|
| £292,500 | 25 Feb 2022 |
| £245,500 | 28 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 February 2022 the House Price Index for YORK was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £292,500 results in an estimated price of approximately £306,743.
| 25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £292,500 | £14,243 | £306,743 |
The Postcode Pricing Model uses changes in average sales price within the YO26 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 | 53.666 % | £156,973 | £449,473 |
| 3 Month Average | 27.361 % | £80,032 | £372,532 |
| 6 Month Average | 22.823 % | £66,756 | £359,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2022 | £324,128 | £325,000 | 3 WHEATLANDS GROVE |
| 9 Aug 2022 | £483,698 | £485,000 | 17 NEWLANDS DRIVE |
| 4 Mar 2022 | £341,967 | £330,000 | 6 LIDGETT GROVE |
| 25 Feb 2022 | £306,743 | £292,500 | 4 LIDGETT GROVE |
| 22 Dec 2021 | £393,195 | £367,000 | 3 NEWLANDS DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 9 Jul 2020. Using an estimated price of £306,743 means this house is valued at £3,740 per sq meter (£347 per sq foot).
The average size of a house on LIDGETT GROVE is 106 sq meters (1,141 sq feet).