£338,165
This estimated value is based upon the latest sale price for the house of £215,040 on 7 Sep 2007. 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 |
|---|---|
| £215,040 | 7 Sep 2007 |
| Detached |
| Freehold |
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 September 2007 the House Price Index for EAST RIDING OF YORKSHIRE was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £215,040 results in an estimated price of approximately £338,165.
| 7 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £215,040 | £123,125 | £338,165 |
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 | 52.845 % | £113,636 | £328,676 |
| 3 Month Average | 37.060 % | £79,693 | £294,733 |
| 6 Month Average | 29.952 % | £64,409 | £279,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £660,000 | £660,000 | PLOT 6 MERCHANTS DRIVE |
| 2 Nov 2023 | £174,428 | £170,000 | 65 EPPLEWORTH ROAD |
| 22 Sep 2023 | £204,508 | £200,000 | 8 ST MARGARETS AVENUE |
| 21 Sep 2023 | £227,004 | £222,000 | 3 STEWART GARTH |
| 1 Aug 2023 | £178,214 | £175,000 | 29 ST MARGARETS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Offender given a caution | On or near Merchants Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merchants Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Mill Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |