£229,238
This estimated value is based upon the latest sale price for the house of £198,000 on 9 Jul 2021. 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 |
|---|---|
| £198,000 | 9 Jul 2021 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 July 2021 the House Price Index for EAST RIDING OF YORKSHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £198,000 results in an estimated price of approximately £229,238.
| 9 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £198,000 | £31,238 | £229,238 |
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 | 93.171 % | £184,478 | £382,478 |
| 3 Month Average | 5.196 % | £10,288 | £208,288 |
| 6 Month Average | 3.236 % | £6,407 | £204,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £252,190 | £250,000 | 12 MILL BECK LANE |
| 9 Oct 2023 | £309,530 | £302,500 | 24 MILL BECK LANE |
| 10 Mar 2023 | £218,652 | £215,000 | 50 MILL BECK LANE |
| 30 Jan 2023 | £230,616 | £230,000 | 22 QUEENS WAY |
| 7 Oct 2022 | £224,251 | £225,000 | 92 NORTHGATE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 4 Nov 2014. Using an estimated price of £229,239 means this house is valued at £2,083 per sq meter (£193 per sq foot).
The average size of a house on QUEENS WAY is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Spencer Way |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Spencer Way |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Spencer Way |
| May 2024 | Anti-social behaviour | On or near Spencer Way | |
| May 2024 | Anti-social behaviour | On or near Spencer Way |