This estimated value is based upon the latest sale price for the house of £72,500 on 19 Jan 2007. This value is then adjusted by the current Official House Price Index for WEST YORKSHIRE1
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|£72,500||19 Jan 2007|
|£32,000||22 Apr 2003|
|£20,000||17 Dec 1999|
This model uses changes in the Official Land Registry House Price Index for WEST YORKSHIRE to estimate the market value.
When this house was purchased in January 2007 the House Price Index for WEST YORKSHIRE was 105.6.The House Price Index as of 1 Jun 2019 is 118.8 which is a change of 12.544%.
Applying this 12.544% change to the original purchase price of £72,500 gives us an estimated price now of around £81,594.
|19 Jan 2007||1 Jun 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the WF16 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||17.569 %||£12,737||£85,237|
|3 Month Average||15.100 %||£10,947||£83,447|
|6 Month Average||0.863 %||£625||£73,125|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In January 2007 the average sale price for the 50 nearest sales within a mile of 1 FLAT 1 UNION STREET was £108,379.
In December 2019 the average sale price for the 50 nearest sales was £137,657. This is a change of 27.014%.
So taking the original purchase price of £72,500 and adjusting it by 27.014% gives an estimated price of £92,085.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 19 Jan 2007||Average price on 26 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|2 Jul 2019||£71,000||£71,000||18 CENTRE STREET|
|3 Jun 2019||£120,000||£120,000||57 MARKET PLACE MARKET STREET|
|25 Oct 2018||£104,786||£105,000||3 - 5 WESTGATE|
|5 Oct 2018||£39,869||£39,950||14 BARBER SQUARE|
|20 Jul 2018||£60,635||£60,000||20 ALBION STREET|