£254,016
This estimated value is based upon the latest sale price for the house of £199,999 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for EAST RIDING OF YORKSHIRE 1
There has been one burglary within the last year on or near Priory Crescent
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| Price Paid | Date |
|---|---|
| £199,999 | 31 Aug 2017 |
| £136,050 | 28 Feb 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 August 2017 the House Price Index for EAST RIDING OF YORKSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £199,999 results in an estimated price of approximately £254,016.
| 31 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £199,999 | £54,017 | £254,016 |
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 | 23.974 % | £47,947 | £247,946 |
| 3 Month Average | 7.148 % | £14,295 | £214,294 |
| 6 Month Average | 21.455 % | £42,909 | £242,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £406,011 | £400,000 | 5 LONGMANS LANE |
| 31 Jul 2023 | £228,070 | £225,000 | FLAT 6 THE LAUREATES NEWGATE STREET |
| 27 Jan 2023 | £258,781 | £260,000 | FLAT 2 THE LAUREATES NEWGATE STREET |
| 22 Apr 2022 | £257,450 | £250,000 | 1 NEWGATE STREET |
| 25 Feb 2022 | £482,987 | £460,560 | 2 LONGMANS LANE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 14 Feb 2017. Using an estimated price of £254,017 means this house is valued at £4,305 per sq meter (£399 per sq foot).
The average size of a house on NEWGATE STREET is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Priory Crescent |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |