£350,141
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Jul 2007. 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 |
|---|---|
| £225,000 | 25 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2007 the House Price Index for EAST RIDING OF YORKSHIRE was 94.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.619%.Applying this 55.619% change to the original purchase price of £225,000 results in an estimated price of approximately £350,141.
| 25 Jul 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 146.7 | 55.619 % | £225,000 | £125,141 | £350,141 |
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 | -2.594 % | £-5,837 | £219,162 |
| 3 Month Average | 43.573 % | £98,038 | £323,038 |
| 6 Month Average | 36.139 % | £81,311 | £306,311 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 22 May 2020.
The average size of a house on PARK LANE is 112 sq meters (1,207 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |