£315,049
This estimated value is based upon the latest sale price for the house of £255,000 on 18 Jun 2019. 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 |
|---|---|
| £255,000 | 18 Jun 2019 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 June 2019 the House Price Index for EAST RIDING OF YORKSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £255,000 results in an estimated price of approximately £315,049.
| 18 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £255,000 | £60,049 | £315,049 |
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 | -13.573 % | £-34,611 | £220,388 |
| 3 Month Average | 33.881 % | £86,396 | £341,396 |
| 6 Month Average | 12.877 % | £32,835 | £287,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £274,057 | £270,000 | 86 MILL FALLS |
| 23 Nov 2023 | £203,005 | £200,000 | 34A NEWLAND AVENUE |
| 25 Sep 2023 | £268,432 | £265,000 | 29 KINGS MEADOW |
| 5 Jul 2023 | £326,900 | £322,500 | 2 KINGS MILL PARK |
| 19 Apr 2023 | £240,085 | £237,500 | 25 KINGS MEADOW |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 21 Sep 2018. Using an estimated price of £315,049 means this house is valued at £3,281 per sq meter (£304 per sq foot).
The average size of a house on KINGS MILL PARK is 113 sq meters (1,223 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kings Meadow |
| Feb 2024 | Other theft | Under investigation | On or near Mill Falls |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Camellia Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Camellia Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Camellia Close |