£335,856
This estimated value is based upon the latest sale price for the house of £221,500 on 10 Sep 2014. 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 |
|---|---|
| £221,500 | 10 Sep 2014 |
| £209,000 | 18 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 September 2014 the House Price Index for EAST RIDING OF YORKSHIRE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £221,500 results in an estimated price of approximately £335,856.
| 10 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £221,500 | £114,356 | £335,856 |
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 | 100.766 % | £223,196 | £444,696 |
| 3 Month Average | 38.508 % | £85,294 | £306,794 |
| 6 Month Average | 40.392 % | £89,468 | £310,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £185,000 | £185,000 | 1 SECOND AVENUE |
| 20 Dec 2023 | £694,336 | £673,000 | REGENT RESIDENTIAL HOME FOR THE ELDERLY NORTH MARINE DRIVE |
| 11 Aug 2023 | £371,704 | £365,000 | 63 FIRST AVENUE |
| 29 Apr 2022 | £518,711 | £500,000 | 9 LIME KILN LANE |
| 31 Mar 2022 | £292,301 | £280,000 | 23 FOURTH AVENUE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 12 Nov 2014. Using an estimated price of £335,856 means this house is valued at £2,798 per sq meter (£260 per sq foot).
The average size of a house on SECOND AVENUE is 125 sq meters (1,350 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Third Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Third Avenue |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near North Marine Promenade |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Marine Promenade |
| Jul 2024 | Public order | Awaiting court outcome | On or near North Marine Promenade |