£77,241
This estimated value is based upon the latest sale price for the house of £62,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for SOUTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £62,000 | 12 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 April 2019 the House Price Index for SOUTH YORKSHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £62,000 results in an estimated price of approximately £77,241.
| 12 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £62,000 | £15,241 | £77,241 |
The Postcode Pricing Model uses changes in average sales price within the S5 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 | 99.484 % | £61,680 | £123,680 |
| 3 Month Average | 58.093 % | £36,017 | £98,017 |
| 6 Month Average | 42.712 % | £26,481 | £88,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £127,818 | £125,000 | 65 PIPER CRESCENT |
| 21 Jun 2023 | £112,249 | £110,000 | 52 LINDSAY AVENUE |
| 8 Jun 2023 | £132,658 | £130,000 | 6 LINDSAY AVENUE |
| 1 Jul 2022 | £169,195 | £167,500 | 228 ELM LANE |
| 23 Jun 2022 | £117,512 | £115,000 | 31 LINDSAY ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Mar 2019. Using an estimated price of £77,242 means this house is valued at £1,309 per sq meter (£121 per sq foot).
The average size of a house on ELM LANE is 80 sq meters (870 sq feet).