£167,014
This estimated value is based upon the latest sale price for the house of £143,000 on 13 Nov 2020. 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 |
|---|---|
| £143,000 | 13 Nov 2020 |
| £125,000 | 25 Jun 2012 |
| £127,000 | 26 Sep 2011 |
| £143,950 | 23 Oct 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2020 the House Price Index for EAST RIDING OF YORKSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £143,000 results in an estimated price of approximately £167,014.
| 13 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £143,000 | £24,014 | £167,014 |
The Postcode Pricing Model uses changes in average sales price within the YO25 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 | 11.762 % | £16,820 | £159,820 |
| 3 Month Average | 10.353 % | £14,804 | £157,804 |
| 6 Month Average | 16.676 % | £23,846 | £166,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £306,712 | £302,000 | 1 KINGS MILL CLOSE |
| 24 Nov 2023 | £277,032 | £270,000 | 86 MILL FALLS |
| 23 Nov 2023 | £205,209 | £200,000 | 34A NEWLAND AVENUE |
| 25 Sep 2023 | £270,973 | £265,000 | 29 KINGS MEADOW |
| 19 Apr 2023 | £242,027 | £237,500 | 25 KINGS MEADOW |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 Jun 2020. Using an estimated price of £167,015 means this house is valued at £2,982 per sq meter (£277 per sq foot).
The average size of a house on NEWLAND CLOSE is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mill Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mill Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mill Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King'S Mill Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Briar Garth |