£158,711
This estimated value is based upon the latest sale price for the house of £117,500 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for NORTH YORKSHIRE 1
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Price Paid | Date |
---|---|
£117,500 | 31 Mar 2016 |
£139,000 | 24 Jun 2004 |
£118,275 | 24 Oct 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 632 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH YORKSHIRE to estimate the market value.
When this house was purchased in March 2016 the House Price Index for NORTH YORKSHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £117,500 results in an estimated price of approximately £158,711.
31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £117,500 | £41,211 | £158,711 |
The Postcode Pricing Model uses changes in average sales price within the YO12 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 | 43.058 % | £50,593 | £168,093 |
3 Month Average | 61.229 % | £71,944 | £189,444 |
6 Month Average | 47.122 % | £55,368 | £172,868 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £188,295 | £185,000 | 150 NORTH MARINE ROAD |
1 Sep 2023 | £212,720 | £210,000 | 130 NORTH MARINE ROAD |
10 Mar 2023 | £353,329 | £350,000 | 131 NORTH MARINE ROAD |
28 Feb 2023 | £144,902 | £145,000 | FLAT 3 166 NORTH MARINE ROAD |
12 Aug 2022 | £139,624 | £140,000 | FLAT 6 ROYAL SANDS, 151 NORTH MARINE ROAD |
This house has a floor area of 58 sq meters or 632 sq feet when measured on 30 Mar 2010. Using an estimated price of £158,712 means this house is valued at £2,699 per sq meter (£250 per sq foot).
The average size of a house on NORTH MARINE ROAD is 80 sq meters (868 sq feet).