£293,529
This estimated value is based upon the latest sale price for the house of £185,000 on 22 Jun 2007. 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 |
|---|---|
| £185,000 | 22 Jun 2007 |
| £171,000 | 5 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 June 2007 the House Price Index for EAST RIDING OF YORKSHIRE was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £185,000 results in an estimated price of approximately £293,529.
| 22 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £185,000 | £108,529 | £293,529 |
The Postcode Pricing Model uses changes in average sales price within the HU14 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 | 247.359 % | £457,613 | £642,613 |
| 3 Month Average | 32.081 % | £59,349 | £244,349 |
| 6 Month Average | 52.223 % | £96,611 | £281,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £213,740 | £210,000 | 12 EAST MOUNT |
| 22 Sep 2023 | £278,562 | £275,000 | 6 CHURCH AVENUE |
| 1 Aug 2023 | £224,464 | £222,500 | 5 SCHOOL LANE |
| 28 Jul 2023 | £275,711 | £272,000 | 30 CHURCH AVENUE |
| 12 Apr 2023 | £262,830 | £260,000 | 1 BAKERS YARD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 18 Aug 2014. Using an estimated price of £293,529 means this house is valued at £2,692 per sq meter (£250 per sq foot).
The average size of a house on SCHOOL LANE is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Mount |
| Feb 2024 | Anti-social behaviour | On or near East Mount | |
| Feb 2024 | Anti-social behaviour | On or near East Mount | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wilson Close |