24, POSTERN CLOSE, YORK, YO23 1JF - £242,500

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.

24 POSTERN CLOSE is a small flat of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £281,222. It was last sold for £242,500 in December 2017, which was around 56% above the average December 2017 flat price in the York local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

24 POSTERN CLOSE Sold Prices

Land registry data shows two sales for 24 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 24 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
2017 8 DEC	£242,500	£155,313	56% above HPI
2001 27 JUL	£110,000	£61,685	78% above HPI

What might 24 POSTERN CLOSE be worth now?

24 POSTERN CLOSE might now be worth an estimated £281,222.

This is based on house price inflation of 16%, between December 2017 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 16% inflationary increase is applied to the most recent sale price for 24 POSTERN CLOSE of £242,500 on 8th December 2017. For the value to have increased from £242,500 to £281,222 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 24 POSTERN CLOSE has moved in line with the HPI for flats in the York local authority area.
• The December 2017 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 24 POSTERN CLOSE has not materially changed since December 2017.

How Large is 24 POSTERN CLOSE?

24 POSTERN CLOSE is 54m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of flats in York, based on EPC data. 38% of flats are smaller than 24 POSTERN CLOSE, and 60% of flats are larger. Note that EPC data is not available for all properties in York.

24 POSTERN CLOSE: Plot

24 POSTERN CLOSE sits on a plot of roughly 0.537 of an acre, or 2,175m².

Where is 24 POSTERN CLOSE?

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