£297,240
This estimated value is based upon the latest sale price for the house of £215,000 on 29 Jan 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 |
|---|---|
| £215,000 | 29 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,330 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 January 2016 the House Price Index for EAST RIDING OF YORKSHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £215,000 results in an estimated price of approximately £297,240.
| 29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £215,000 | £82,240 | £297,240 |
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 | 59.390 % | £127,688 | £342,688 |
| 3 Month Average | 43.378 % | £93,262 | £308,262 |
| 6 Month Average | 45.841 % | £98,557 | £313,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £320,000 | £320,000 | 1 EASTGATE SOUTH |
| 1 Dec 2023 | £200,150 | £194,000 | 30 FAWCETT GARDENS |
| 16 Jun 2023 | £280,624 | £275,000 | 3 THE MEADOWS |
| 2 Jun 2023 | £373,485 | £366,000 | 2 BLAKEDALE DRIVE |
| 17 Mar 2023 | £106,783 | £105,000 | 5 EASTGATE SOUTH |
This house has a floor area of 123 sq meters or 1,330 sq feet when measured on 25 Jul 2011. Using an estimated price of £297,240 means this house is valued at £2,404 per sq meter (£223 per sq foot).
The average size of a house on THE GROVES is 177 sq meters (1,913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Watersedge |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Watersedge |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Cawthorn Close |
| Jul 2024 | Anti-social behaviour | On or near Mcintosh Drive | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mcintosh Drive |