£364,292
This estimated value is based upon the latest sale price for the house of £75,000 on 28 Jan 1998. 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 |
|---|---|
| £75,000 | 28 Jan 1998 |
| £60,000 | 18 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 1998 the House Price Index for EAST RIDING OF YORKSHIRE was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £75,000 results in an estimated price of approximately £364,292.
| 28 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 149.7 | 385.724 % | £75,000 | £289,292 | £364,292 |
The Postcode Pricing Model uses changes in average sales price within the YO15 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 | 398.219 % | £298,664 | £373,664 |
| 3 Month Average | 281.690 % | £211,267 | £286,267 |
| 6 Month Average | 278.594 % | £208,945 | £283,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £187,887 | £185,000 | 29 ST GEORGES AVENUE |
| 2 Oct 2023 | £173,951 | £170,000 | 26 ST GEORGES AVENUE |
| 3 Apr 2023 | £43,310 | £42,500 | FLAT 1 34 WELLINGTON ROAD |
| 13 Mar 2023 | £264,416 | £260,000 | 10 WELLINGTON ROAD |
| 3 Mar 2023 | £167,802 | £165,000 | 56 WELLINGTON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 1 Nov 2012. Using an estimated price of £364,293 means this house is valued at £5,782 per sq meter (£537 per sq foot).
The average size of a house on WELLINGTON ROAD is 136 sq meters (1,466 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Wellington Road | |
| Jul 2024 | Anti-social behaviour | On or near Wellington Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |