£209,434
This estimated value is based upon the latest sale price for the house of £169,000 on 31 Jul 2018. 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 |
|---|---|
| £169,000 | 31 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 2018 the House Price Index for EAST RIDING OF YORKSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £169,000 results in an estimated price of approximately £209,434.
| 31 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £169,000 | £40,434 | £209,434 |
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 | -25.373 % | £-42,880 | £126,119 |
| 3 Month Average | 12.940 % | £21,867 | £190,867 |
| 6 Month Average | 8.319 % | £14,059 | £183,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £277,862 | £273,000 | 27 GRANGE DRIVE |
| 24 Mar 2023 | £191,807 | £190,000 | 25 PARK LANE |
| 16 Feb 2023 | £154,896 | £155,000 | 274 NORTHGATE |
| 22 Jul 2022 | £184,497 | £184,000 | 8 VINE CLOSE |
| 21 Jun 2022 | £344,874 | £340,000 | 39 GRANGE DRIVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 22 Mar 2018. Using an estimated price of £209,434 means this house is valued at £2,228 per sq meter (£206 per sq foot).
The average size of a house on GRANGE DRIVE is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Henson Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ferens Gardens |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Ferens Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Northgate Mews |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |