£158,917
This estimated value is based upon the latest sale price for the house of £125,000 on 17 Oct 2017. This value is then adjusted by the current Official House Price Index for YORK 1
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Price Paid | Date |
---|---|
£125,000 | 17 Oct 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 493 sq feet |
This model uses changes in the Official Land Registry House Price Index for YORK to estimate the market value.
When this house was purchased in October 2017 the House Price Index for YORK was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £125,000 results in an estimated price of approximately £158,917.
17 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £125,000 | £33,917 | £158,917 |
The Postcode Pricing Model uses changes in average sales price within the YO1 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 | 27.252 % | £34,064 | £159,064 |
3 Month Average | -13.549 % | £-16,936 | £108,063 |
6 Month Average | 2.718 % | £3,397 | £128,397 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £1,009 | £1,000 | 29B WALMGATE |
6 Dec 2023 | £490,059 | £475,000 | FLAT 5 FOSSBRIDGE HOUSE WALMGATE |
16 Aug 2023 | £129,842 | £127,500 | FLAT 14 35 FOSSGATE |
22 Mar 2023 | £254,246 | £250,000 | 3 MALT SHOVEL COURT |
28 Feb 2023 | £422,824 | £420,000 | 4 PICCADILLY LOFTS PICCADILLY |
This house has a floor area of 45 sq meters or 493 sq feet when measured on 22 Mar 2011. Using an estimated price of £158,918 means this house is valued at £3,468 per sq meter (£322 per sq foot).
The average size of a house on WALMGATE is 66 sq meters (716 sq feet).