£345,713
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Dec 2017. 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 |
|---|---|
| £275,000 | 7 Dec 2017 |
| £105,000 | 23 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 December 2017 the House Price Index for EAST RIDING OF YORKSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £275,000 results in an estimated price of approximately £345,713.
| 7 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £275,000 | £70,713 | £345,713 |
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 | 58.952 % | £162,117 | £437,117 |
| 3 Month Average | -8.450 % | £-23,236 | £251,763 |
| 6 Month Average | -0.087 % | £-239 | £274,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £368,221 | £365,000 | 63 FIRST AVENUE |
| 30 Jan 2023 | £260,772 | £262,000 | 62 EIGHTH AVENUE |
| 29 Apr 2022 | £514,900 | £500,000 | 9 LIME KILN LANE |
| 31 Mar 2022 | £290,153 | £280,000 | 23 FOURTH AVENUE |
| 16 Mar 2022 | £153,367 | £148,000 | FLAT 2 MARINE POINT NORTH MARINE DRIVE |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 24 May 2017. Using an estimated price of £345,714 means this house is valued at £1,819 per sq meter (£169 per sq foot).
The average size of a house on SECOND AVENUE is 125 sq meters (1,350 sq feet).
This house is the largest in the street with a floor area of 190 sq meters (2,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Third Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |