£189,289
This estimated value is based upon the latest sale price for the house of £125,000 on 29 Aug 2014. 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 |
|---|---|
| £125,000 | 29 Aug 2014 |
| £125,000 | 17 Sep 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 August 2014 the House Price Index for EAST RIDING OF YORKSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £125,000 results in an estimated price of approximately £189,289.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £125,000 | £64,289 | £189,289 |
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 | -3.589 % | £-4,486 | £120,513 |
| 3 Month Average | 43.601 % | £54,501 | £179,501 |
| 6 Month Average | 32.198 % | £40,247 | £165,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £121,554 | £120,000 | 198 NEW VILLAGE ROAD |
| 6 Jul 2023 | £212,865 | £210,000 | 220 NEW VILLAGE ROAD |
| 6 Mar 2023 | £237,235 | £235,000 | 16 STEPHENSONS WALK |
| 11 Nov 2022 | £261,828 | £265,000 | 211 NEW VILLAGE ROAD |
| 9 Sep 2022 | £198,398 | £200,000 | 6 NURSERY WALK |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 16 Jan 2010. Using an estimated price of £189,290 means this house is valued at £1,951 per sq meter (£181 per sq foot).
The average size of a house on NEW VILLAGE ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nursery Walk |
| Mar 2024 | Other crime | Under investigation | On or near Lyndhurst Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Orchard |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Orchard |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Orchard |