£146,608
This estimated value is based upon the latest sale price for the house of £29,950 on 10 Dec 1997. 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 |
|---|---|
| £29,950 | 10 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 December 1997 the House Price Index for EAST RIDING OF YORKSHIRE was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £29,950 results in an estimated price of approximately £146,608.
| 10 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £29,950 | £116,658 | £146,608 |
The Postcode Pricing Model uses changes in average sales price within the HU13 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 | 226.265 % | £67,766 | £97,716 |
| 3 Month Average | 268.183 % | £80,320 | £110,270 |
| 6 Month Average | 252.170 % | £75,525 | £105,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £108,386 | £107,000 | 1 GREEN LANE |
| 17 Apr 2023 | £197,122 | £195,000 | 8 NEWLYN CLOSE |
| 24 Mar 2023 | £153,446 | £152,000 | 12 GREEN LANE |
| 3 Feb 2023 | £121,918 | £122,000 | 180 HULL ROAD |
| 23 Jan 2023 | £323,476 | £325,000 | IRONBRIDGE HOUSE GREEN LANE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 4 Oct 2014. Using an estimated price of £146,608 means this house is valued at £3,490 per sq meter (£324 per sq foot).
The average size of a house on HULL ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Albany Villas |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newlyn Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Newlyn Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Newlyn Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Newlyn Close |