£289,221
This estimated value is based upon the latest sale price for the house of £290,000 on 19 Aug 2022. This value is then adjusted by the current Official House Price Index for YORK 1
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| Price Paid | Date |
|---|---|
| £290,000 | 19 Aug 2022 |
| £197,950 | 28 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 August 2022 the House Price Index for YORK was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £290,000 results in an estimated price of approximately £289,221.
| 19 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £290,000 | £-778 | £289,221 |
The Postcode Pricing Model uses changes in average sales price within the YO31 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 | 81.525 % | £236,421 | £526,421 |
| 3 Month Average | 61.267 % | £177,672 | £467,672 |
| 6 Month Average | 22.323 % | £64,737 | £354,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2022 | £289,221 | £290,000 | 1 TURNER CLOSE |
| 21 Jun 2022 | £273,870 | £270,000 | 2 TURNER CLOSE |
| 6 May 2022 | £8,516,472 | £8,356,000 | KENT STREET CAR PARK KENT STREET |
| 22 Oct 2021 | £149,375 | £135,000 | 3 RALEIGH HOUSE THURSBY WALK |
| 27 Aug 2021 | £6,693,694 | £6,000,000 | CONVENIENCE STORE BLOCK A IMPERIAL WHARF IMPERIAL ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Feb 2014. Using an estimated price of £289,221 means this house is valued at £3,707 per sq meter (£344 per sq foot).
The average size of a house on TURNER CLOSE is 76 sq meters (824 sq feet).