53, POSTERN CLOSE, YORK, YO23 1JF - £237,500

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.

53 POSTERN CLOSE is a very small flat of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £360,326. It was last sold for £237,500 in January 2012, which was around 100% above the average January 2012 flat price in the York local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was B.

53 POSTERN CLOSE Sold Prices

Land registry data shows four sales for 53 POSTERN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the York local authority area for the corresponding sale date. All of the four 53 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
2012 3 JAN	£237,500	£118,717	100% above HPI
2007 23 JAN	£172,000	£132,339	30% above HPI
2002 2 SEP	£130,000	£81,778	59% above HPI
1997 11 MAR	£70,000	£38,095	84% above HPI

What might 53 POSTERN CLOSE be worth now?

53 POSTERN CLOSE might now be worth an estimated £360,326.

This is based on house price inflation of 51.7%, between January 2012 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 51.7% inflationary increase is applied to the most recent sale price for 53 POSTERN CLOSE of £237,500 on 3rd January 2012. For the value to have increased from £237,500 to £360,326 over the thirteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 53 POSTERN CLOSE has moved in line with the HPI for flats in the York local authority area.
• The January 2012 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 53 POSTERN CLOSE has not materially changed since January 2012.

How Large is 53 POSTERN CLOSE?

53 POSTERN CLOSE is 42m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of flats in York, based on EPC data. 12% of flats are smaller than 53 POSTERN CLOSE, and 86% of flats are larger. Note that EPC data is not available for all properties in York.

53 POSTERN CLOSE: Plot

53 POSTERN CLOSE sits on a plot of roughly 0.719 of an acre, or 2,911m².

Where is 53 POSTERN CLOSE?

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