£199,656
This estimated value is based upon the latest sale price for the house of £125,000 on 7 Jan 2014. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 7 Jan 2014 |
| £120,000 | 28 Jan 2005 |
| £89,950 | 25 Jul 2003 |
| £61,950 | 29 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 January 2014 the House Price Index for NORTH YORKSHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £125,000 results in an estimated price of approximately £199,656.
| 7 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £125,000 | £74,656 | £199,656 |
The Postcode Pricing Model uses changes in average sales price within the YO12 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 | 42.403 % | £53,004 | £178,004 |
| 3 Month Average | 39.744 % | £49,679 | £174,679 |
| 6 Month Average | 35.562 % | £44,451 | £169,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £142,493 | £140,000 | 27 SPRING BANK |
| 23 Aug 2023 | £191,677 | £190,000 | 57 WEST BANK |
| 19 Jul 2023 | £107,446 | £106,000 | 9 SPRING BANK |
| 19 Jun 2023 | £142,729 | £141,000 | 68 SPRING BANK |
| 3 Apr 2023 | £187,014 | £185,000 | 40 WEST BANK |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Sep 2013. Using an estimated price of £199,657 means this house is valued at £2,735 per sq meter (£254 per sq foot).
The average size of a house on SPRING BANK is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Salisbury Street | |
| Jan 2024 | Anti-social behaviour | On or near Salisbury Street | |
| Jan 2024 | Anti-social behaviour | On or near Salisbury Street | |
| Mar 2024 | Anti-social behaviour | On or near Springhill Road | |
| Jan 2024 | Other theft | Under investigation | On or near Springhill Road |