Get our free house price tracker.
|£159,950||14 Jul 1999|
This model uses changes in the Official Land Registry House Price Index for SOUTH YORKSHIRE to estimate the market value.
When this house was purchased in July 1999 the House Price Index for SOUTH YORKSHIRE was 36.5.The House Price Index as of 1 Dec 2019 is 121.7 which is a change of 233.450%.
Applying this 233.450% change to the original purchase price of £159,950 gives us an estimated price now of around £533,352.
|14 Jul 1999||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the S25 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||217.591 %||£348,036||£507,986|
|3 Month Average||209.035 %||£334,352||£494,302|
|6 Month Average||190.526 %||£304,746||£464,696|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In July 1999 the average sale price for the 50 nearest sales within three miles of 2 BROOK MEWS was £59,277.
In September 2020 the average sale price for the 2 nearest sales was £118,932. This is a change of 100.639%.
So taking the original purchase price of £159,950 and adjusting it by 100.639% gives an estimated price of £320,922.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 14 Jul 1999||Average price on 29 Sep 2020||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|4 Oct 2019||£357,847||£355,000||STONECROFT BROOK MEWS|
|31 May 2019||£389,150||£375,000||14 TOWN WELLS COURT|
|29 Mar 2019||£321,586||£305,000||6 LODGE FARM CLOSE|
|15 Mar 2019||£181,881||£172,500||17 BROOK CROFT|
|8 Mar 2019||£110,710||£105,000||104 SHEFFIELD ROAD|