£60,286
This estimated value is based upon the latest sale price for the house of £52,000 on 12 Nov 2020. 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 |
|---|---|
| £52,000 | 12 Nov 2020 |
| £59,995 | 6 Oct 2006 |
| £31,950 | 3 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 605 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 November 2020 the House Price Index for CITY OF KINGSTON UPON HULL was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £52,000 results in an estimated price of approximately £60,286.
| 12 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £52,000 | £8,286 | £60,286 |
The Postcode Pricing Model uses changes in average sales price within the HU9 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 | 4.835 % | £2,513 | £54,513 |
| 3 Month Average | -2.172 % | £-1,129 | £50,870 |
| 6 Month Average | 8.388 % | £4,361 | £56,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £56,725 | £56,000 | 68 BELMONT STREET |
| 28 Jul 2023 | £50,682 | £50,000 | 58 ESTCOURT STREET |
| 13 Jul 2023 | £87,173 | £86,000 | 80 BELMONT STREET |
| 13 Feb 2023 | £57,961 | £58,000 | 29 ESTCOURT STREET |
| 20 Jan 2023 | £53,747 | £54,000 | 48 ESTCOURT STREET |
This house has a floor area of 56 sq meters or 605 sq feet when measured on 4 Apr 2011. Using an estimated price of £60,286 means this house is valued at £1,071 per sq meter (£99 per sq foot).
The average size of a house on BELMONT STREET is 61 sq meters (662 sq feet).