£284,017
This estimated value is based upon the latest sale price for the house of £227,500 on 18 Jul 2018. 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 |
---|---|
£227,500 | 18 Jul 2018 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 July 2018 the House Price Index for EAST RIDING OF YORKSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £227,500 results in an estimated price of approximately £284,017.
18 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £227,500 | £56,517 | £284,017 |
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 | 40.054 % | £91,123 | £318,623 |
3 Month Average | 27.095 % | £61,641 | £289,141 |
6 Month Average | 36.196 % | £82,346 | £309,846 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £306,712 | £302,000 | 1 KINGS MILL CLOSE |
23 Nov 2023 | £205,209 | £200,000 | 34A NEWLAND AVENUE |
25 Sep 2023 | £270,973 | £265,000 | 29 KINGS MEADOW |
19 Apr 2023 | £242,027 | £237,500 | 25 KINGS MEADOW |
24 Jun 2022 | £199,259 | £195,000 | 12 KINGS MEADOW |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 30 Apr 2018. Using an estimated price of £284,018 means this house is valued at £2,784 per sq meter (£258 per sq foot).
The average size of a house on KINGS MILL CLOSE is 124 sq meters (1,342 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mill Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mill Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mill Close |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Briar Garth |
Jun 2024 | Burglary | Under investigation | On or near Briar Garth |