£606,530
This estimated value is based upon the latest sale price for the house of £600,000 on 6 Apr 2023. 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 |
|---|---|
| £600,000 | 6 Apr 2023 |
| £485,000 | 18 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 April 2023 the House Price Index for EAST RIDING OF YORKSHIRE was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £600,000 results in an estimated price of approximately £606,530.
| 6 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £600,000 | £6,530 | £606,530 |
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 | -13.759 % | £-82,551 | £517,448 |
| 3 Month Average | -6.529 % | £-39,173 | £560,826 |
| 6 Month Average | -0.958 % | £-5,748 | £594,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £150,019 | £148,000 | 10 INGLEMIRE LANE |
| 6 Apr 2023 | £606,531 | £600,000 | 28A HULL ROAD |
| 18 Nov 2022 | £412,997 | £418,000 | 4 WALNUT CLOSE |
| 25 Oct 2022 | £113,775 | £115,000 | FLAT 2 9 INGLEMIRE LANE |
| 26 Nov 2021 | £173,042 | £160,000 | 18 INGLEMIRE LANE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 7 Aug 2014. Using an estimated price of £606,531 means this house is valued at £3,610 per sq meter (£335 per sq foot).
The average size of a house on HULL ROAD is 195 sq meters (2,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hull Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hull Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Orchard |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Orchard |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Orchard |