£214,144
This estimated value is based upon the latest sale price for the house of £117,500 on 28 Oct 2005. 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 |
|---|---|
| £117,500 | 28 Oct 2005 |
| £74,950 | 10 Jan 2003 |
| £52,000 | 26 May 1995 |
| Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 October 2005 the House Price Index for EAST RIDING OF YORKSHIRE was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £117,500 results in an estimated price of approximately £214,144.
| 28 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £117,500 | £96,644 | £214,144 |
The Postcode Pricing Model uses changes in average sales price within the HU13 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 | -9.848 % | £-11,570 | £105,929 |
| 3 Month Average | 32.938 % | £38,701 | £156,201 |
| 6 Month Average | 36.586 % | £42,988 | £160,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £217,785 | £215,000 | 45 ELSHAM RISE |
| 3 Mar 2023 | £275,092 | £272,500 | 24 ELSHAM RISE |
| 19 Nov 2021 | £281,194 | £260,000 | 9 BARROW LANE |
| 10 Nov 2021 | £216,303 | £200,000 | 14 THORNTON CLOSE |
| 29 Sep 2021 | £394,399 | £366,000 | 3 ELSHAM RISE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 27 Sep 2012. Using an estimated price of £214,144 means this house is valued at £3,893 per sq meter (£361 per sq foot).
The average size of a house on THORNTON CLOSE is 68 sq meters (741 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornton Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Thornton Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Barton Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Barton Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Spicer Croft |