£72,783
This estimated value is based upon the latest sale price for the house of £72,000 on 21 Apr 2023. This value is then adjusted by the current Official House Price Index for CITY OF KINGSTON UPON HULL 1
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Price Paid | Date |
---|---|
£72,000 | 21 Apr 2023 |
£50,000 | 20 Dec 2019 |
£42,000 | 21 Jul 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF KINGSTON UPON HULL to estimate the market value.
When this house was purchased in April 2023 the House Price Index for CITY OF KINGSTON UPON HULL was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £72,000 results in an estimated price of approximately £72,783.
21 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 148.6 | 1.088 % | £72,000 | £783 | £72,783 |
The Postcode Pricing Model uses changes in average sales price within the HU1 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 | -5.389 % | £-3,880 | £68,119 |
3 Month Average | 23.153 % | £16,670 | £88,670 |
6 Month Average | 7.220 % | £5,198 | £77,198 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £72,784 | £72,000 | FLAT B 31 BISHOP LANE |
11 Apr 2023 | £131,415 | £130,000 | FLAT 8 LIBERTY HOUSE LIBERTY LANE |
31 Jan 2023 | £42,798 | £43,000 | FLAT 1 THE AVENUE, 30 BISHOP LANE |
5 Jan 2023 | £117,447 | £118,000 | APARTMENT 43 TRINITY WHARF, 52 - 58 HIGH STREET |
9 Aug 2022 | £179,517 | £180,000 | FLAT 12 LIBERTY HOUSE LIBERTY LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 10 Oct 2019. Using an estimated price of £72,784 means this house is valued at £1,455 per sq meter (£135 per sq foot).
The average size of a house on BISHOP LANE is 55 sq meters (594 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bishop Lane Staith |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bishop Lane Staith |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Chapel Lane |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Chapel Lane |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Chapel Lane |