£215,813
This estimated value is based upon the latest sale price for the house of £151,000 on 7 Aug 2015. 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 |
|---|---|
| £151,000 | 7 Aug 2015 |
| £115,000 | 27 Aug 2004 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 735 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 August 2015 the House Price Index for EAST RIDING OF YORKSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £151,000 results in an estimated price of approximately £215,813.
| 7 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £151,000 | £64,813 | £215,813 |
The Postcode Pricing Model uses changes in average sales price within the HU16 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 | -11.787 % | £-17,798 | £133,201 |
| 3 Month Average | 50.504 % | £76,261 | £227,261 |
| 6 Month Average | 33.376 % | £50,397 | £201,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £121,554 | £120,000 | 198 NEW VILLAGE ROAD |
| 6 Jul 2023 | £212,865 | £210,000 | 220 NEW VILLAGE ROAD |
| 5 Apr 2023 | £197,122 | £195,000 | 8 JESMOND ROAD |
| 9 Nov 2022 | £222,307 | £225,000 | 167 NEW VILLAGE ROAD |
| 30 Aug 2022 | £229,383 | £230,000 | 161 NEW VILLAGE ROAD |
This house has a floor area of 68 sq meters or 735 sq feet when measured on 23 Apr 2010. Using an estimated price of £215,813 means this house is valued at £3,158 per sq meter (£293 per sq foot).
The average size of a house on NEW VILLAGE ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St David'S Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St David'S Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Devon Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devon Street |