£629,086
This estimated value is based upon the latest sale price for the house of £365,000 on 16 Nov 2011. 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 |
|---|---|
| £365,000 | 16 Nov 2011 |
| £105,000 | 31 Jul 2003 |
| Detached |
| Freehold |
| Floor Area: 276 sq meters or 2,973 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 November 2011 the House Price Index for EAST RIDING OF YORKSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £365,000 results in an estimated price of approximately £629,086.
| 16 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £365,000 | £264,086 | £629,086 |
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 | 40.404 % | £147,473 | £512,473 |
| 3 Month Average | 55.282 % | £201,778 | £566,778 |
| 6 Month Average | 40.276 % | £147,008 | £512,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £237,074 | £235,000 | 101 MILL FALLS |
| 16 Jun 2023 | £278,372 | £275,000 | 26 YORK ROAD |
| 6 Feb 2023 | £169,886 | £170,000 | 83 MILL FALLS |
| 27 Jun 2022 | £228,225 | £225,000 | 60 YORK ROAD |
| 26 May 2022 | £204,350 | £200,500 | 95 YORK ROAD |
This house has a floor area of 276 sq meters or 2,973 sq feet when measured on 16 Dec 2010. Using an estimated price of £629,086 means this house is valued at £2,276 per sq meter (£211 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near James Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near James Close |
| Mar 2024 | Burglary | Under investigation | On or near York Road |
| Feb 2024 | Other theft | Under investigation | On or near Mill Falls |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |