£441,476
This estimated value is based upon the latest sale price for the house of £360,000 on 21 Oct 2019. 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 |
|---|---|
| £360,000 | 21 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 2019 the House Price Index for EAST RIDING OF YORKSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £360,000 results in an estimated price of approximately £441,476.
| 21 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £360,000 | £81,476 | £441,476 |
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 | -8.856 % | £-31,880 | £328,119 |
| 3 Month Average | 12.548 % | £45,174 | £405,174 |
| 6 Month Average | 6.099 % | £21,956 | £381,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £314,229 | £310,000 | 38 WEELSBY WAY |
| 28 Jul 2023 | £413,059 | £407,500 | 99 SWANLAND ROAD |
| 14 Jun 2023 | £265,719 | £262,500 | 21 CHERRY AVENUE |
| 12 Apr 2023 | £348,755 | £345,000 | 3 WEELSBY WAY |
| 14 Nov 2022 | £489,076 | £495,000 | 18 HEADS LANE |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 26 Apr 2019. Using an estimated price of £441,476 means this house is valued at £2,508 per sq meter (£233 per sq foot).
The average size of a house on HEADS LANE is 199 sq meters (2,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmswood |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmswood |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Lodge Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Headlands Drive |