£227,494
This estimated value is based upon the latest sale price for the house of £145,000 on 23 Aug 2007. This value is then adjusted by the current Official House Price Index for YORK 1
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| Price Paid | Date |
|---|---|
| £145,000 | 23 Aug 2007 |
| £103,000 | 28 Mar 2002 |
| £69,950 | 9 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2007 the House Price Index for YORK was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £145,000 results in an estimated price of approximately £227,494.
| 23 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £145,000 | £82,494 | £227,494 |
The Postcode Pricing Model uses changes in average sales price within the YO23 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 | 77.106 % | £111,803 | £256,803 |
| 3 Month Average | 33.696 % | £48,859 | £193,859 |
| 6 Month Average | 36.830 % | £53,403 | £198,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £199,243 | £197,500 | FLAT 6 OLD PRIORY COURT NUNNERY LANE |
| 11 Aug 2023 | £464,060 | £460,000 | 11 DEWSBURY COURT |
| 31 Jul 2023 | £942,688 | £930,000 | 2 SOUTH PARADE |
| 30 Jun 2023 | £268,249 | £265,000 | APARTMENT 3 PRIORY HOUSE PRIORY STREET |
| 13 Mar 2023 | £504,755 | £500,000 | 6 DEWSBURY TERRACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 30 Sep 2020. Using an estimated price of £227,495 means this house is valued at £2,954 per sq meter (£274 per sq foot).
The average size of a house on NUNNERY LANE is 85 sq meters (925 sq feet).