£225,075
This estimated value is based upon the latest sale price for the house of £182,000 on 5 Apr 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 |
|---|---|
| £182,000 | 5 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 April 2019 the House Price Index for EAST RIDING OF YORKSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £182,000 results in an estimated price of approximately £225,075.
| 5 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £182,000 | £43,075 | £225,075 |
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 | -24.813 % | £-45,160 | £136,839 |
| 3 Month Average | 29.184 % | £53,114 | £235,114 |
| 6 Month Average | 19.688 % | £35,831 | £217,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £230,446 | £227,500 | 32 SOUTHWOOD ROAD |
| 11 Aug 2023 | £332,912 | £330,000 | 71 SOUTHWOOD ROAD |
| 22 Feb 2023 | £173,883 | £174,000 | 9 THE CLOSE |
| 12 Aug 2022 | £438,769 | £439,950 | 57 SOUTHWOOD ROAD |
| 27 May 2022 | £89,690 | £88,000 | 11 GULLIVER COURT PARKWAY |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 13 Mar 2019. Using an estimated price of £225,076 means this house is valued at £2,009 per sq meter (£186 per sq foot).
The average size of a house on THE CLOSE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Southwood Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Close |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near The Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near The Close |