£108,831
This estimated value is based upon the latest sale price for the house of £70,000 on 31 Oct 2007. This value is then adjusted by the current Official House Price Index for CITY OF KINGSTON UPON HULL 1
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| Price Paid | Date |
|---|---|
| £70,000 | 31 Oct 2007 |
| £28,995 | 20 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF KINGSTON UPON HULL to estimate the market value.
When this house was purchased in October 2007 the House Price Index for CITY OF KINGSTON UPON HULL was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £70,000 results in an estimated price of approximately £108,831.
| 31 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £70,000 | £38,831 | £108,831 |
The Postcode Pricing Model uses changes in average sales price within the HU9 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 | 18.254 % | £12,777 | £82,777 |
| 3 Month Average | 11.386 % | £7,970 | £77,970 |
| 6 Month Average | 25.657 % | £17,959 | £87,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £106,578 | £105,000 | 226 AMETHYST ROAD |
| 8 Aug 2023 | £48,424 | £48,000 | 62A HERMES CLOSE |
| 4 Aug 2023 | £121,059 | £120,000 | 32 HERMES CLOSE |
| 2 Jun 2023 | £141,717 | £140,000 | 60 BARHAM ROAD |
| 29 Mar 2023 | £99,437 | £98,500 | 136 AMETHYST ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Dec 2015. Using an estimated price of £108,831 means this house is valued at £1,554 per sq meter (£144 per sq foot).
The average size of a house on HERMES CLOSE is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hermes Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hermes Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hermes Close |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Hermes Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hermes Close |