£355,624
This estimated value is based upon the latest sale price for the house of £280,000 on 21 Aug 2017. This value is then adjusted by the current Official House Price Index for YORK 1
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| Price Paid | Date |
|---|---|
| £280,000 | 21 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2017 the House Price Index for YORK was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £280,000 results in an estimated price of approximately £355,624.
| 21 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £280,000 | £75,624 | £355,624 |
The Postcode Pricing Model uses changes in average sales price within the YO32 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 | 45.382 % | £127,069 | £407,069 |
| 3 Month Average | 28.120 % | £78,735 | £358,735 |
| 6 Month Average | 25.811 % | £72,270 | £352,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £453,971 | £450,000 | 1 HOPGROVE LANE SOUTH |
| 5 Jul 2022 | £356,961 | £356,000 | 10 BRANDON GROVE |
| 10 May 2022 | £448,450 | £440,000 | 4 HOPGROVE LANE NORTH |
| 30 Mar 2022 | £595,851 | £575,000 | NORTH LANE GARDENS NORTH LANE |
| 14 Jan 2022 | £494,632 | £470,000 | 19 HOPGROVE LANE NORTH |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 7 Sep 2012. Using an estimated price of £355,625 means this house is valued at £2,963 per sq meter (£275 per sq foot).
The average size of a house on HOPGROVE LANE SOUTH is 145 sq meters (1,565 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hopgrove Lane South |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hopgrove Lane South |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hopgrove Lane South |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hopgrove Lane North |