£324,571
This estimated value is based upon the latest sale price for the house of £102,500 on 13 Dec 2001. 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 |
|---|---|
| £102,500 | 13 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 December 2001 the House Price Index for EAST RIDING OF YORKSHIRE was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £102,500 results in an estimated price of approximately £324,571.
| 13 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £102,500 | £222,071 | £324,571 |
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 | 100.498 % | £103,010 | £205,510 |
| 3 Month Average | 212.391 % | £217,700 | £320,200 |
| 6 Month Average | 194.562 % | £199,426 | £301,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £334,959 | £330,000 | 57 KINGSWAY |
| 17 Nov 2023 | £406,011 | £400,000 | 5 LONGMANS LANE |
| 29 Sep 2023 | £283,626 | £280,000 | 36 KINGSWAY |
| 18 Aug 2023 | £300,630 | £298,000 | 39 KINGSWAY |
| 21 Apr 2023 | £296,189 | £293,000 | 8 WINDSOR CLOSE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 19 Apr 2016. Using an estimated price of £324,571 means this house is valued at £2,704 per sq meter (£251 per sq foot).
The average size of a house on KINGSWAY is 116 sq meters (1,254 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsway |
| Feb 2024 | Robbery | Under investigation | On or near Kingsway |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kingsway |
| Feb 2024 | Possession of weapons | Under investigation | On or near Kingsway |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Close |