£337,733
This estimated value is based upon the latest sale price for the house of £59,000 on 1 Dec 1995. This value is then adjusted by the current Official House Price Index for HUMBERSIDE 1
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| Price Paid | Date |
|---|---|
| £59,000 | 1 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 sq feet |
This model uses changes in the Official Land Registry House Price Index for HUMBERSIDE to estimate the market value.
When this house was purchased in December 1995 the House Price Index for HUMBERSIDE was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 472.429%.Applying this 472.429% change to the original purchase price of £59,000 results in an estimated price of approximately £337,733.
| 1 Dec 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 472.429 % | £59,000 | £278,733 | £337,733 |
The Postcode Pricing Model uses changes in average sales price within the HU16 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 | 381.269 % | £224,948 | £283,948 |
| 3 Month Average | 279.489 % | £164,898 | £223,898 |
| 6 Month Average | 243.893 % | £143,897 | £202,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £144,438 | £140,000 | 209 NEW VILLAGE ROAD |
| 31 Oct 2023 | £299,257 | £292,460 | 1 KENNINGTON WALK |
| 9 Oct 2023 | £140,184 | £137,000 | 185 NEW VILLAGE ROAD |
| 5 Oct 2023 | £296,740 | £290,000 | 3 JESMOND ROAD |
| 5 Oct 2023 | £227,671 | £222,500 | 4 JESMOND ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 21 Sep 2020. Using an estimated price of £337,733 means this house is valued at £3,343 per sq meter (£310 per sq foot).
The average size of a house on NEW VILLAGE ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near St David'S Close | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St David'S Close |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St David'S Close |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St David'S Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Village Road |