£340,086
This estimated value is based upon the latest sale price for the house of £275,000 on 8 Apr 2019. This value is then adjusted by the current Official House Price Index for YORK 1
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| Price Paid | Date |
|---|---|
| £275,000 | 8 Apr 2019 |
| £190,000 | 9 Oct 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 565 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 April 2019 the House Price Index for YORK was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £275,000 results in an estimated price of approximately £340,086.
| 8 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £275,000 | £65,086 | £340,086 |
The Postcode Pricing Model uses changes in average sales price within the YO1 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 | -40.815 % | £-112,242 | £162,757 |
| 3 Month Average | -2.606 % | £-7,166 | £267,833 |
| 6 Month Average | 18.198 % | £50,045 | £325,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £128,625 | £127,500 | FLAT 14 35 FOSSGATE |
| 22 Mar 2023 | £252,378 | £250,000 | 3 MALT SHOVEL COURT |
| 28 Feb 2023 | £419,718 | £420,000 | 4 PICCADILLY LOFTS PICCADILLY |
| 14 Oct 2022 | £410,579 | £415,000 | 1 PICCADILLY LOFTS PICCADILLY |
| 5 Aug 2022 | £44,879 | £45,000 | GARAGE 16 MALT SHOVEL COURT |
This house has a floor area of 52 sq meters or 565 sq feet when measured on 12 May 2011. Using an estimated price of £340,087 means this house is valued at £6,476 per sq meter (£601 per sq foot).
The average size of a house on WALMGATE is 66 sq meters (716 sq feet).