Full Address

7
SPRINGBURN STREET
HULL
CITY OF KINGSTON UPON HULL
UNITED KINGDOM
HU3 5HA

Estimated Market Value

£21,705

This estimated value is based upon the latest sale price for the house of £13,500 on 7 Dec 2004. This value is then adjusted by the current Official House Price Index for CITY OF KINGSTON UPON HULL1

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Transactions for this house
Price PaidDate
£13,5007 Dec 2004
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 December 2004 the House Price Index for CITY OF KINGSTON UPON HULL was 75.2.

The House Price Index as of 1 Dec 2019 is 120.9 which is a change of 60.777%.

Applying this 60.777% change to the original purchase price of £13,500 gives us an estimated price now of around £21,704.

7 Dec 2004 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
75.2 120.9 60.777 % £13,500 £8,204 £21,704

The Postcode Pricing Model uses changes in average sales price within the HU3 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 160.415 % £21,656 £35,156
3 Month Average 160.236 % £21,631 £35,131
6 Month Average 151.202 % £20,412 £33,912

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In December 2004 the average sale price for the 50 nearest sales within half a mile of 7 was £33,523.

In February 2020 the average sale price for the 50 nearest sales was £98,310. This is a change of 193.261%.

So taking the original purchase price of £13,500 and adjusting it by 193.261% gives an estimated price of £39,590.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 7 Dec 2004 Average price on 27 Feb 2020 % change Purchase Price Gain / Loss Estimated Price
£33,523 £98,310 193.261 % £13,500 £26,090 £39,590
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
30 Aug 2019 £94,018 £97,000 3 CHERRY GARTH
26 Jul 2019 £70,894 £72,000 120 PLANE STREET
18 Mar 2019 £146,137 £143,000 32 WESTBOURNE STREET
26 Feb 2019 £90,027 £88,000 176 SOMERSET STREET
7 Jan 2019 £70,358 £70,000 154 PLANE STREET

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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