£147,600
This estimated value is based upon the latest sale price for the house of £115,000 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for EAST RIDING OF YORKSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 24 Feb 2017 |
| £106,500 | 25 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 sq feet |
This model uses changes in the Official Land Registry House Price Index for EAST RIDING OF YORKSHIRE to estimate the market value.
When this house was purchased in February 2017 the House Price Index for EAST RIDING OF YORKSHIRE was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £115,000 results in an estimated price of approximately £147,600.
| 24 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £115,000 | £32,600 | £147,600 |
The Postcode Pricing Model uses changes in average sales price within the YO15 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 | 31.251 % | £35,938 | £150,938 |
| 3 Month Average | -0.619 % | £-711 | £114,288 |
| 6 Month Average | 6.912 % | £7,948 | £122,948 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 31 Jul 2013.
The average size of a house on RICHARDSONS WAY is 122 sq meters (1,318 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Under investigation | On or near Richardsons Way |
| Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Richardsons Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Richardsons Way |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Richardsons Way |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Richardsons Way |