£401,982
This estimated value is based upon the latest sale price for the house of £260,000 on 9 May 2014. This value is then adjusted by the current Official House Price Index for YORK 1
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Price Paid | Date |
---|---|
£260,000 | 9 May 2014 |
£260,000 | 1 Mar 2013 |
£143,500 | 18 Jun 2004 |
£125,000 | 31 Oct 2003 |
£100,000 | 8 Aug 2003 |
£71,000 | 20 Sep 2000 |
Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 May 2014 the House Price Index for YORK was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £260,000 results in an estimated price of approximately £401,982.
9 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £260,000 | £141,982 | £401,982 |
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 | 32.309 % | £84,004 | £344,004 |
3 Month Average | 49.423 % | £128,499 | £388,499 |
6 Month Average | 70.651 % | £183,692 | £443,692 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £341,192 | £336,600 | 1 ASKHAM LANE |
16 Jan 2023 | £425,496 | £427,500 | 10 ASKHAM LANE |
21 Jul 2022 | £220,594 | £220,000 | 20 GALE LANE |
23 Mar 2022 | £398,961 | £385,000 | 8 ASKHAM LANE |
17 Dec 2021 | £586,043 | £547,000 | 92 THE GREEN |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 23 May 2012. Using an estimated price of £401,983 means this house is valued at £4,369 per sq meter (£405 per sq foot).
The average size of a house on ASKHAM LANE is 114 sq meters (1,233 sq feet).