£198,667
This estimated value is based upon the latest sale price for the house of £146,000 on 29 Mar 2016. 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 |
|---|---|
| £146,000 | 29 Mar 2016 |
| £115,000 | 20 Feb 2007 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 March 2016 the House Price Index for EAST RIDING OF YORKSHIRE was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £146,000 results in an estimated price of approximately £198,667.
| 29 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £146,000 | £52,667 | £198,667 |
The Postcode Pricing Model uses changes in average sales price within the YO25 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 | 58.373 % | £85,224 | £231,224 |
| 3 Month Average | 50.940 % | £74,372 | £220,372 |
| 6 Month Average | 51.286 % | £74,877 | £220,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £129,000 | £129,000 | 8 NAYFIELD CLOSE |
| 1 Dec 2023 | £278,044 | £269,500 | 4A BRIDGE LANE |
| 30 Aug 2023 | £162,939 | £160,000 | 5 NAYFIELD CLOSE |
| 8 Aug 2023 | £129,842 | £127,500 | 2 GALLOWAY COURT |
| 23 Jun 2023 | £239,806 | £235,000 | LING HOUSE EASTGATE SOUTH |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Sep 2012. Using an estimated price of £198,667 means this house is valued at £2,337 per sq meter (£217 per sq foot).
There is one other house on the street which we know the size of, this is 4 BRIDGE LANE it is 74.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Galloway Court |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Gate South |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near East Gate South |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near King Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |