£243,149
This estimated value is based upon the latest sale price for the house of £242,500 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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Price Paid | Date |
---|---|
£242,500 | 20 Jan 2023 |
£220,000 | 20 Mar 2020 |
£159,950 | 24 Nov 2006 |
£133,000 | 1 Sep 2005 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 2023 the House Price Index for NORTH YORKSHIRE was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £242,500 results in an estimated price of approximately £243,149.
20 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £242,500 | £649 | £243,149 |
The Postcode Pricing Model uses changes in average sales price within the HG1 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 | -3.431 % | £-8,321 | £234,178 |
3 Month Average | -6.780 % | £-16,440 | £226,059 |
6 Month Average | -5.771 % | £-13,993 | £228,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2023 | £205,341 | £201,500 | 37 ELECTRIC AVENUE |
5 Apr 2023 | £249,670 | £245,000 | 41 ELECTRIC AVENUE |
20 Jan 2023 | £243,150 | £242,500 | 20 SOUTHVILLE TERRACE |
26 Aug 2022 | £253,686 | £252,500 | 22 SOUTHVILLE TERRACE |
29 Jul 2022 | £262,632 | £260,000 | 81 EASTVILLE TERRACE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 6 Oct 2017. Using an estimated price of £243,150 means this house is valued at £3,740 per sq meter (£347 per sq foot).
The average size of a house on SOUTHVILLE TERRACE is 74 sq meters (805 sq feet).