£816,532
This estimated value is based upon the latest sale price for the house of £485,000 on 29 May 2012. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £485,000 | 29 May 2012 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 May 2012 the House Price Index for NORTH YORKSHIRE was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.357%.Applying this 68.357% change to the original purchase price of £485,000 results in an estimated price of approximately £816,532.
| 29 May 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.357 % | £485,000 | £331,532 | £816,532 |
The Postcode Pricing Model uses changes in average sales price within the HG5 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 | 28.435 % | £137,908 | £622,908 |
| 3 Month Average | 47.698 % | £231,336 | £716,336 |
| 6 Month Average | 40.373 % | £195,809 | £680,809 |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 28 Jun 2012.
The average size of a house on SOMERLEY LANE is 274 sq meters (2,952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norwood Court |
| Mar 2024 | Anti-social behaviour | On or near Stockwell Place | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alexandra Place |
| Mar 2024 | Anti-social behaviour | On or near Park Avenue |