11, FORGE CLOSE, MELBOURNE, YORK, YO42 4QS - £272,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 FORGE CLOSE is a detached house, which could now be worth an estimated £398,087. It was last sold for £272,000 in August 2007, which was around 19% above the average August 2007 detached price in the East Riding of Yorkshire local authority area.

11 FORGE CLOSE Sold Prices

Land registry data shows four sales for 11 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the four 11 FORGE CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 1 AUG	£272,000	£229,052	19% above HPI
2002 29 JUL	£191,000	£120,167	59% above HPI
2001 10 OCT	£165,000	£100,335	64% above HPI
1999 5 MAR	£119,950	£78,806	52% above HPI

What might 11 FORGE CLOSE be worth now?

11 FORGE CLOSE might now be worth an estimated £398,087.

This is based on house price inflation of 46.4%, between August 2007 and April 2026, for detached houses, in the East Riding of Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.4% inflationary increase is applied to the most recent sale price for 11 FORGE CLOSE of £272,000 on 1st August 2007. For the value to have increased from £272,000 to £398,087 over the nineteen years and four months to April 2026, the following assumptions must hold true:

• The value of 11 FORGE CLOSE has moved in line with the HPI for detached houses in the East Riding of Yorkshire local authority area.
• The August 2007 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FORGE CLOSE has not materially changed since August 2007.

Where is 11 FORGE CLOSE?

11 FORGE CLOSE is located in MELBOURNE, in the YO42 postcode district.