Full Address

9
SPRINGBURN STREET
HULL
CITY OF KINGSTON UPON HULL
UNITED KINGDOM
HU3 5HA

Estimated Market Value

£25,295

This estimated value is based upon the latest sale price for the house of £16,000 on 16 Mar 2005. 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
£16,00016 Mar 2005
£9,00029 Sep 2003
£10,50020 Dec 2001
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 March 2005 the House Price Index for CITY OF KINGSTON UPON HULL was 76.4.

The House Price Index as of 1 Jun 2019 is 120.8 which is a change of 58.097%.

Applying this 58.097% change to the original purchase price of £16,000 gives us an estimated price now of around £25,295.

16 Mar 2005 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
76.4 120.8 58.097 % £16,000 £9,295 £25,295

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 153.996 % £24,639 £40,639
3 Month Average 135.073 % £21,611 £37,611
6 Month Average 131.537 % £21,045 £37,045
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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