£487,043
This estimated value is based upon the latest sale price for the house of £470,000 on 30 Mar 2022. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £470,000 | 30 Mar 2022 |
| £130,000 | 9 Dec 2016 |
| £142,000 | 24 Mar 2005 |
| 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 March 2022 the House Price Index for NORTH YORKSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £470,000 results in an estimated price of approximately £487,043.
| 30 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £470,000 | £17,043 | £487,043 |
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 | -8.499 % | £-39,947 | £430,052 |
| 3 Month Average | -0.357 % | £-1,676 | £468,323 |
| 6 Month Average | 7.071 % | £33,233 | £503,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £67,430 | £66,250 | FIRST FLOOR FLAT 35 ALBEMARLE CRESCENT |
| 6 Dec 2023 | £391,856 | £385,000 | 84 WESTBOROUGH |
| 17 Nov 2023 | £119,773 | £118,000 | 45 ALBEMARLE CRESCENT |
| 6 Sep 2023 | £94,204 | £93,000 | FLAT 4 35 ALBEMARLE CRESCENT |
| 25 Apr 2023 | £80,871 | £80,000 | FLAT 6 35 ALBEMARLE CRESCENT |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 Aug 2018. Using an estimated price of £487,043 means this house is valued at £7,492 per sq meter (£696 per sq foot).
The average size of a house on ALMA SQUARE is 54 sq meters (583 sq feet).
This house is the largest in the street with a floor area of 65 sq meters (699 sq feet).