£475,356
This estimated value is based upon the latest sale price for the house of £320,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for YORK 1
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| Price Paid | Date |
|---|---|
| £320,000 | 19 Dec 2014 |
| £315,000 | 15 Apr 2009 |
| £295,000 | 4 Aug 2006 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 77 sq meters or 830 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 December 2014 the House Price Index for YORK was 99.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 48.549%.Applying this 48.549% change to the original purchase price of £320,000 results in an estimated price of approximately £475,356.
| 19 Dec 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.0 | 48.549 % | £320,000 | £155,356 | £475,356 |
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 | 2.018 % | £6,459 | £326,459 |
| 3 Month Average | 103.990 % | £332,769 | £652,769 |
| 6 Month Average | 76.546 % | £244,948 | £564,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £405,000 | £405,000 | 4 PENNY LANE COURT |
| 13 Feb 2023 | £388,164 | £390,000 | 26 ALDWARK |
| 6 Jan 2023 | £341,996 | £345,000 | FIRST FLOOR FLAT 1 ST ANDREWGATE |
| 5 Apr 2022 | £358,974 | £350,000 | 23 ST ANDREW PLACE |
| 25 Mar 2022 | £278,661 | £270,000 | 39 ST ANDREW PLACE |
This house has a floor area of 77 sq meters or 830 sq feet when measured on 11 Dec 2008. Using an estimated price of £475,357 means this house is valued at £6,163 per sq meter (£572 per sq foot).
The average size of a house on SPEN LANE is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Penny Lane Court | |
| Feb 2024 | Anti-social behaviour | On or near Penny Lane Court | |
| Feb 2024 | Anti-social behaviour | On or near Penny Lane Court | |
| Apr 2024 | Bicycle theft | Under investigation | On or near Aldwark |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldwark |