£202,447
This estimated value is based upon the latest sale price for the house of £132,500 on 30 Jul 2014. 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 |
|---|---|
| £132,500 | 30 Jul 2014 |
| £54,500 | 30 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2014 the House Price Index for EAST RIDING OF YORKSHIRE was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £132,500 results in an estimated price of approximately £202,447.
| 30 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £132,500 | £69,947 | £202,447 |
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 | 1.369 % | £1,813 | £134,313 |
| 3 Month Average | 15.741 % | £20,856 | £153,356 |
| 6 Month Average | 30.505 % | £40,419 | £172,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £277,862 | £273,000 | 27 GRANGE DRIVE |
| 24 Mar 2023 | £191,807 | £190,000 | 25 PARK LANE |
| 16 Feb 2023 | £154,896 | £155,000 | 274 NORTHGATE |
| 22 Jul 2022 | £184,497 | £184,000 | 8 VINE CLOSE |
| 17 Feb 2022 | £199,252 | £190,000 | 26 PARK LANE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 23 Jun 2013. Using an estimated price of £202,447 means this house is valued at £2,108 per sq meter (£195 per sq foot).
The average size of a house on PARK LANE is 112 sq meters (1,207 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northgate Mews |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Knowsley Avenue |