£373,724
This estimated value is based upon the latest sale price for the house of £286,000 on 11 Jan 2017. This value is then adjusted by the current Official House Price Index for EAST RIDING OF YORKSHIRE 1
There has been one burglary within the last year on or near Spicer Croft
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| Price Paid | Date |
|---|---|
| £286,000 | 11 Jan 2017 |
| £248,500 | 15 Jul 2011 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2017 the House Price Index for EAST RIDING OF YORKSHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £286,000 results in an estimated price of approximately £373,724.
| 11 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £286,000 | £87,724 | £373,724 |
The Postcode Pricing Model uses changes in average sales price within the HU13 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 | -14.628 % | £-41,834 | £244,165 |
| 3 Month Average | 10.711 % | £30,634 | £316,634 |
| 6 Month Average | 7.883 % | £22,546 | £308,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £217,785 | £215,000 | 45 ELSHAM RISE |
| 8 Sep 2023 | £324,145 | £320,000 | 26 BARTON DRIVE |
| 3 Mar 2023 | £275,092 | £272,500 | 24 ELSHAM RISE |
| 22 Aug 2022 | £320,138 | £321,000 | 40 FERRIBY ROAD |
| 29 Sep 2021 | £394,399 | £366,000 | 3 ELSHAM RISE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 13 Feb 2015. Using an estimated price of £373,725 means this house is valued at £4,246 per sq meter (£394 per sq foot).
The average size of a house on FERRIBY ROAD is 218 sq meters (2,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Spicer Croft |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spicer Croft |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gray Close |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Gray Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornton Close |