£407,789
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 66.5.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 56.842%.Applying this 56.842% change to the original purchase price of £260,000 results in an estimated price of approximately £407,789.
1 Oct 2014 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.5 | 104.3 | 56.842 % | £260,000 | £147,789 | £407,789 |
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 | 83.958 % | £218,291 | £478,291 |
3 Month Average | 39.086 % | £101,624 | £361,624 |
6 Month Average | 45.780 % | £119,026 | £379,026 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jan 2025 | £333,637 | £325,000 | 8 MELWOOD GROVE |
19 Dec 2024 | £299,179 | £290,000 | 15 OLD SCHOOL WALK |
29 Aug 2024 | £336,113 | £320,000 | 14 MELWOOD GROVE |
3 Nov 2023 | £316,320 | £296,000 | 3 MELWOOD GROVE |
9 May 2023 | £339,187 | £320,000 | 6 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 £407,789 means this house is valued at £3,640 per sq meter (£338 per sq foot).
The average size of a house on MELWOOD GROVE is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Under investigation | On or near Melwood Grove |
Mar 2025 | Violence and sexual offences | Under investigation | On or near Melwood Grove |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Old School Walk |
Feb 2025 | Anti-social behaviour | On or near Old School Walk | |
Jan 2025 | Anti-social behaviour | On or near Old School Walk |