£988,700
This estimated value is based upon the latest sale price for the house of £310,000 on 12 Nov 2001. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 12 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 2001 the House Price Index for NORTH YORKSHIRE was 46.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 218.935%.Applying this 218.935% change to the original purchase price of £310,000 results in an estimated price of approximately £988,700.
| 12 Nov 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.0 | 218.935 % | £310,000 | £678,700 | £988,700 |
The Postcode Pricing Model uses changes in average sales price within the YO8 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 | 113.514 % | £351,894 | £661,894 |
| 3 Month Average | 164.421 % | £509,706 | £819,706 |
| 6 Month Average | 198.615 % | £615,706 | £925,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £100,612 | £100,000 | 16 COURT HOUSE NEW LANE |
| 14 Apr 2023 | £136,011 | £135,000 | 20 AUDUS STREET |
| 6 Apr 2023 | £92,185 | £91,500 | 64 ST MARKS SQUARE |
| 20 Jan 2023 | £94,173 | £95,000 | APARTMENT 13 COURT HOUSE NEW LANE |
| 13 Jan 2023 | £98,138 | £99,000 | 14 COURT HOUSE NEW LANE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 21 May 2015. Using an estimated price of £988,700 means this house is valued at £10,985 per sq meter (£1,020 per sq foot).
The average size of a house on GOWTHORPE is 135 sq meters (1,456 sq feet).