£588,340
This estimated value is based upon the latest sale price for the house of £540,000 on 10 Nov 2021. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £540,000 | 10 Nov 2021 |
| £475,000 | 9 Feb 2016 |
| £250,000 | 11 Jul 2001 |
| Detached |
| Freehold |
| Floor Area: 216 sq meters or 2,325 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 2021 the House Price Index for NORTH YORKSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £540,000 results in an estimated price of approximately £588,340.
| 10 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £540,000 | £48,340 | £588,340 |
The Postcode Pricing Model uses changes in average sales price within the HG4 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 | 11.026 % | £59,538 | £599,538 |
| 3 Month Average | -12.857 % | £-69,425 | £470,574 |
| 6 Month Average | -4.454 % | £-24,050 | £515,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £670,298 | £660,000 | 63 PALACE ROAD |
| 14 Mar 2024 | £863,263 | £850,000 | 59 PALACE ROAD |
| 21 Dec 2023 | £469,424 | £455,000 | 55 KINGS MEAD |
| 17 Oct 2023 | £496,271 | £485,000 | 45 KINGS MEAD |
| 29 Sep 2023 | £777,131 | £760,000 | 7 SPRINGFIELD CLOSE |
This house has a floor area of 216 sq meters or 2,325 sq feet when measured on 29 Jul 2016. Using an estimated price of £588,341 means this house is valued at £2,723 per sq meter (£253 per sq foot).
The average size of a house on PALACE ROAD is 153 sq meters (1,656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Under investigation | On or near The Knoll |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The Knoll |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Fennel Grove |
| Oct 2024 | Anti-social behaviour | On or near Steven Way | |
| Aug 2024 | Anti-social behaviour | On or near Steven Way |