£66,802
This estimated value is based upon the latest sale price for the house of £41,000 on 12 Mar 2007. This value is then adjusted by the current Official House Price Index for SOUTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £41,000 | 12 Mar 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTH YORKSHIRE to estimate the market value.
When this house was purchased in March 2007 the House Price Index for SOUTH YORKSHIRE was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £41,000 results in an estimated price of approximately £66,802.
| 12 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £41,000 | £25,802 | £66,802 |
The Postcode Pricing Model uses changes in average sales price within the S61 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 | 60.740 % | £24,903 | £65,903 |
| 3 Month Average | 60.986 % | £25,004 | £66,004 |
| 6 Month Average | 56.197 % | £23,040 | £64,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £133,225 | £131,000 | 60 LAPWATER ROAD |
| 20 Jan 2023 | £70,188 | £70,000 | 93 TOWN LANE |
| 25 Nov 2022 | £59,721 | £60,000 | 53 TOWN LANE |
| 26 Sep 2022 | £76,949 | £77,000 | 201 TOWN LANE |
| 28 Apr 2022 | £139,015 | £134,000 | 1 SQUIRREL CROFT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 Jan 2015. Using an estimated price of £66,802 means this house is valued at £982 per sq meter (£91 per sq foot).
The average size of a house on TOWN LANE is 75 sq meters (811 sq feet).