116, POSTERN CLOSE, YORK, YO23 1JD - £208,500

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.

116 POSTERN CLOSE is a very small flat of 45m², built sometime between 1996 and 2002, which could now be worth an estimated £199,365. It was last sold for £208,500 in February 2023, which was around 11% above the average February 2023 flat price in the York local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

116 POSTERN CLOSE Sold Prices

Land registry data shows two sales for 116 POSTERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the York local authority area for the corresponding sale date. Both of the two 116 POSTERN 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
2023 8 FEB	£208,500	£188,366	11% above HPI
2000 4 OCT	£72,950	£52,762	38% above HPI

What might 116 POSTERN CLOSE be worth now?

116 POSTERN CLOSE might now be worth an estimated £199,365.

This is based on house price deflation of 4.4%, between February 2023 and May 2026, for flats, in the York local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.4% deflationary decrease is applied to the most recent sale price for 116 POSTERN CLOSE of £208,500 on 8th February 2023. For the value to have decreased from £208,500 to £199,365 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 116 POSTERN CLOSE has moved in line with the HPI for flats in the York local authority area.
• The February 2023 sale price of £208,500 represented a fair market value for the property.
• The size, condition, and specification of 116 POSTERN CLOSE has not materially changed since February 2023.

How Large is 116 POSTERN CLOSE?

116 POSTERN CLOSE is 45m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of flats in York, based on EPC data. 18% of flats are smaller than 116 POSTERN CLOSE, and 80% of flats are larger. Note that EPC data is not available for all properties in York.

116 POSTERN CLOSE: Plot

116 POSTERN CLOSE sits on a plot of roughly 0.274 of an acre, or 1,109m².

Where is 116 POSTERN CLOSE?

116 POSTERN CLOSE is located in YORK, in the YO23 postcode district.