£512,502
This estimated value is based upon the latest sale price for the house of £400,000 on 15 Jun 2017. 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 |
|---|---|
| £400,000 | 15 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 258 sq meters or 2,777 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 June 2017 the House Price Index for EAST RIDING OF YORKSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £400,000 results in an estimated price of approximately £512,502.
| 15 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £400,000 | £112,502 | £512,502 |
The Postcode Pricing Model uses changes in average sales price within the HU18 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 | 73.058 % | £292,233 | £692,233 |
| 3 Month Average | 63.837 % | £255,346 | £655,346 |
| 6 Month Average | 52.794 % | £211,176 | £611,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £248,345 | £244,000 | 5 CONSTABLE ROAD |
| 14 Jul 2023 | £314,229 | £310,000 | 47 CLIFF ROAD |
| 10 Aug 2022 | £279,198 | £279,950 | 6 CHRYSTALS WALK |
| 29 Jul 2022 | £140,378 | £140,000 | FLAT 3 TORBAY HEADLAND VIEW |
| 10 Jun 2022 | £215,039 | £212,000 | 8 CHRYSTALS ROAD |
This house has a floor area of 258 sq meters or 2,777 sq feet when measured on 25 Feb 2016. Using an estimated price of £512,502 means this house is valued at £1,986 per sq meter (£184 per sq foot).
The average size of a house on EASTGATE is 166 sq meters (1,791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Chrystals Walk |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chrystals Walk |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Chrystals Walk |
| Feb 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Armytage Mews |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Armytage Mews |