£342,450
This estimated value is based upon the latest sale price for the house of £258,000 on 4 Nov 2016. This value is then adjusted by the current Official House Price Index for EAST RIDING OF YORKSHIRE 1
There has been one burglary within the last year on or near Southwood Avenue
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| Price Paid | Date |
|---|---|
| £258,000 | 4 Nov 2016 |
| £210,000 | 20 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 November 2016 the House Price Index for EAST RIDING OF YORKSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £258,000 results in an estimated price of approximately £342,450.
| 4 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £258,000 | £84,450 | £342,450 |
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 | 63.522 % | £163,887 | £421,887 |
| 3 Month Average | 16.712 % | £43,115 | £301,115 |
| 6 Month Average | 14.759 % | £38,078 | £296,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £259,950 | £259,950 | 11 SOUTHWOOD ROAD |
| 15 Dec 2023 | £139,280 | £135,000 | 6 SOUTHWOOD ROAD |
| 17 Nov 2023 | £194,949 | £190,000 | 33 BAYNARD AVENUE |
| 11 Oct 2023 | £199,532 | £195,000 | 18 BAYNARD AVENUE |
| 30 Jun 2023 | £244,908 | £240,000 | 1 SOUTHWOOD AVENUE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 26 Nov 2013. Using an estimated price of £342,451 means this house is valued at £2,428 per sq meter (£225 per sq foot).
The average size of a house on SOUTHWOOD AVENUE is 93 sq meters (1,002 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Southwood Avenue |
| Jun 2024 | Anti-social behaviour | On or near Southwood Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Southwood Avenue | |
| May 2024 | Burglary | Under investigation | On or near Southwood Avenue |
| Jul 2024 | Anti-social behaviour | On or near Westfield Close |