£122,892
This estimated value is based upon the latest sale price for the house of £77,500 on 28 Mar 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 |
|---|---|
| £77,500 | 28 Mar 2014 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 72 sq meters or 775 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 March 2014 the House Price Index for EAST RIDING OF YORKSHIRE was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £77,500 results in an estimated price of approximately £122,892.
| 28 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £77,500 | £45,392 | £122,892 |
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 | 43.185 % | £33,468 | £110,968 |
| 3 Month Average | 33.636 % | £26,068 | £103,568 |
| 6 Month Average | 26.904 % | £20,850 | £98,350 |
| 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 |
| 30 Jan 2023 | £262,702 | £262,000 | 62 EIGHTH AVENUE |
| 29 Apr 2022 | £518,711 | £500,000 | 9 LIME KILN LANE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Nov 2013. Using an estimated price of £122,893 means this house is valued at £1,706 per sq meter (£158 per sq foot).
The average size of a house on SECOND AVENUE is 125 sq meters (1,350 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (775 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 | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Anti-social behaviour | On or near Parking Area |