£198,347
This estimated value is based upon the latest sale price for the house of £160,000 on 20 Aug 2019. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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Price Paid | Date |
---|---|
£160,000 | 20 Aug 2019 |
£250,000 | 2 Mar 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 August 2019 the House Price Index for NORTH YORKSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £160,000 results in an estimated price of approximately £198,347.
20 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £160,000 | £38,347 | £198,347 |
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 | 0.766 % | £1,225 | £161,225 |
3 Month Average | 7.437 % | £11,899 | £171,899 |
6 Month Average | 8.008 % | £12,812 | £172,812 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £311,875 | £305,000 | APARTMENT 1 ROYAL BATHS II MONTPELLIER ROAD |
14 Sep 2023 | £275,064 | £269,000 | APARTMENT 2 ROYAL BATHS II MONTPELLIER ROAD |
30 Jun 2023 | £1,494,959 | £1,465,000 | 1 WESTMINSTER ARCADE |
2 Aug 2022 | £135,634 | £135,000 | FLAT 2 RICHMOND COURT UNION STREET |
26 May 2022 | £2,361,522 | £2,300,000 | 52 PARLIAMENT STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 25 Jul 2019. Using an estimated price of £198,348 means this house is valued at £3,361 per sq meter (£312 per sq foot).
The average size of a house on PARLIAMENT STREET is 72 sq meters (775 sq feet).