£302,803
This estimated value is based upon the latest sale price for the house of £185,000 on 28 Nov 2013. 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 |
---|---|
£185,000 | 28 Nov 2013 |
Detached |
Freehold |
Floor Area: 117 sq meters or 1,259 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 2013 the House Price Index for EAST RIDING OF YORKSHIRE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £185,000 results in an estimated price of approximately £302,803.
28 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.5 | 149.7 | 63.678 % | £185,000 | £117,803 | £302,803 |
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 | 41.108 % | £76,049 | £261,049 |
3 Month Average | 45.615 % | £84,387 | £269,387 |
6 Month Average | 55.500 % | £102,674 | £287,674 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £243,686 | £237,500 | 16 MEADOWCROFT ROAD |
24 Nov 2021 | £277,828 | £255,000 | 3 WOODLAND COURT |
27 Aug 2021 | £280,968 | £250,000 | 33 THE RIDINGS |
1 Jul 2021 | £289,443 | £250,000 | 2 BEECH CROFT |
17 Nov 2020 | £262,785 | £225,000 | 12 REDWING DRIVE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 15 Feb 2013. Using an estimated price of £302,804 means this house is valued at £2,588 per sq meter (£240 per sq foot).
The average size of a house on THE RIDINGS is 122 sq meters (1,316 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near The Ridings |
Jul 2024 | Burglary | Under investigation | On or near Meadowcroft Road |
Jul 2024 | Burglary | Under investigation | On or near Meadowcroft Road |
Jul 2024 | Burglary | Under investigation | On or near Meadowcroft Road |
Jul 2024 | Burglary | Under investigation | On or near Meadowcroft Road |