£326,974
This estimated value is based upon the latest sale price for the house of £264,995 on 31 May 2018. 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 |
|---|---|
| £264,995 | 31 May 2018 |
| £185,000 | 22 Feb 2012 |
| £24,000 | 13 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 May 2018 the House Price Index for EAST RIDING OF YORKSHIRE was 119.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 23.389%.Applying this 23.389% change to the original purchase price of £264,995 results in an estimated price of approximately £326,974.
| 31 May 2018 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 147.0 | 23.389 % | £264,995 | £61,979 | £326,974 |
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 | -19.338 % | £-51,245 | £213,749 |
| 3 Month Average | 25.955 % | £68,779 | £333,774 |
| 6 Month Average | 10.773 % | £28,547 | £293,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £148,953 | £152,500 | 55 MILLHOUSE WOODS LANE |
| 7 Sep 2022 | £163,660 | £167,000 | 54 MILLHOUSE WOODS LANE |
| 29 Jul 2022 | £237,896 | £240,000 | 27 LINDEN AVENUE |
| 25 Mar 2022 | £240,900 | £235,000 | 47 NORTHGATE |
| 22 Feb 2022 | £279,704 | £270,000 | 29 LAWSON AVENUE |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 26 Apr 2010. Using an estimated price of £326,974 means this house is valued at £2,095 per sq meter (£194 per sq foot).
The average size of a house on MILLHOUSE WOODS LANE is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Linden Avenue |
| Dec 2023 | Criminal damage and arson | Awaiting court outcome | On or near Linden Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawson Avenue |
| Feb 2024 | Anti-social behaviour | On or near Lawson Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lawson Avenue |