£61,615
This estimated value is based upon the latest sale price for the house of £50,000 on 24 Oct 2018. 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 |
|---|---|
| £50,000 | 24 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2018 the House Price Index for CITY OF KINGSTON UPON HULL was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £50,000 results in an estimated price of approximately £61,615.
| 24 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £50,000 | £11,615 | £61,615 |
The Postcode Pricing Model uses changes in average sales price within the HU2 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 | -46.196 % | £-23,097 | £26,902 |
| 3 Month Average | -51.813 % | £-25,906 | £24,093 |
| 6 Month Average | 4.278 % | £2,139 | £52,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £93,383 | £92,000 | 4 GRANGE CLOSE |
| 13 Nov 2023 | £95,885 | £94,465 | 11 WATERLOO STREET |
| 12 Jun 2023 | £70,858 | £70,000 | 41 TATTERSHALL CLOSE |
| 6 Apr 2023 | £164,269 | £162,500 | 36 LORNE CLOSE |
| 31 Mar 2023 | £116,094 | £115,000 | 5 ST CLEMENTS PLACE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 26 Sep 2018. Using an estimated price of £61,615 means this house is valued at £716 per sq meter (£66 per sq foot).
The average size of a house on LORNE CLOSE is 104 sq meters (1,123 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Paul Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Paul Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Paul Street |
| Feb 2024 | Other theft | Awaiting court outcome | On or near St Paul Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Paul Street |