£392,128
This estimated value is based upon the latest sale price for the house of £260,000 on 1 Oct 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 | 1 Oct 2014 |
| £155,000 | 23 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 October 2014 the House Price Index for YORK was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £260,000 results in an estimated price of approximately £392,128.
| 1 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £260,000 | £132,128 | £392,128 |
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 | 20.908 % | £54,359 | £314,359 |
| 3 Month Average | 58.199 % | £151,317 | £411,317 |
| 6 Month Average | 58.560 % | £152,257 | £412,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £191,453 | £188,000 | APARTMENT 15 FIELD VIEW HOUSE OLD SCHOOL WALK |
| 31 Mar 2023 | £264,416 | £260,000 | 6 SHERWOOD GROVE |
| 31 Mar 2023 | £284,755 | £280,000 | 42 MELWOOD GROVE |
| 17 Mar 2023 | £366,114 | £360,000 | 35 OLD SCHOOL WALK |
| 3 Feb 2023 | £246,648 | £245,000 | 23 GRAYSHON DRIVE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 10 Jul 2014. Using an estimated price of £392,129 means this house is valued at £3,501 per sq meter (£325 per sq foot).
The average size of a house on MELWOOD GROVE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old School Walk |
| Sep 2024 | Anti-social behaviour | On or near Troon Close | |
| Sep 2024 | Anti-social behaviour | On or near Troon Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beckfield Lane |
| Jul 2024 | Vehicle crime | Under investigation | On or near Beckfield Lane |