£172,943
This estimated value is based upon the latest sale price for the house of £139,995 on 25 Jan 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 |
|---|---|
| £139,995 | 25 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 January 2019 the House Price Index for EAST RIDING OF YORKSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £139,995 results in an estimated price of approximately £172,943.
| 25 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £139,995 | £32,948 | £172,943 |
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 | 8.723 % | £12,212 | £152,207 |
| 3 Month Average | 8.093 % | £11,329 | £151,324 |
| 6 Month Average | 20.319 % | £28,445 | £168,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £150,321 | £148,500 | 7 HOYLAKE CLOSE |
| 6 Feb 2023 | £127,414 | £127,500 | 7 FORMBY CLOSE |
| 23 Jan 2023 | £169,153 | £169,950 | 19 DERWENT CLOSE |
| 9 Sep 2022 | £180,542 | £182,000 | 11 FORMBY CLOSE |
| 30 Sep 2021 | £144,397 | £134,000 | 11 HOYLAKE CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 8 Nov 2018. Using an estimated price of £172,944 means this house is valued at £2,246 per sq meter (£208 per sq foot).
The average size of a house on FORMBY CLOSE is 65 sq meters (702 sq feet).
This house is the largest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Keswick Gardens |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Merchant Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Endyke Lane |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Endyke Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bainton Grove |