£161,869
This estimated value is based upon the latest sale price for the house of £140,000 on 17 Dec 2020. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 17 Dec 2020 |
| £130,420 | 29 Jun 2005 |
| £57,000 | 21 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 December 2020 the House Price Index for NORTH YORKSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £140,000 results in an estimated price of approximately £161,869.
| 17 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £140,000 | £21,869 | £161,869 |
The Postcode Pricing Model uses changes in average sales price within the YO11 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 | 5.360 % | £7,504 | £147,504 |
| 3 Month Average | 8.075 % | £11,305 | £151,305 |
| 6 Month Average | 4.224 % | £5,913 | £145,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £158,602 | £155,000 | GROUND FLOOR FLAT 21 ESPLANADE |
| 17 Aug 2023 | £144,608 | £142,000 | 6 ALGA TERRACE |
| 17 Feb 2023 | £145,975 | £145,000 | FLAT 1 SANDWELL COURT, 30 ESPLANADE |
| 31 Oct 2022 | £239,201 | £240,000 | FLAT 5 SANDWELL COURT, 30 ESPLANADE |
| 14 Jun 2022 | £245,242 | £240,000 | 8 PRINCE OF WALES APARTMENTS PRINCE OF WALES TERRACE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 7 Jul 2020. Using an estimated price of £161,869 means this house is valued at £2,943 per sq meter (£273 per sq foot).
The average size of a house on ESPLANADE is 97 sq meters (1,054 sq feet).