£231,504
This estimated value is based upon the latest sale price for the house of £140,000 on 1 Aug 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 |
|---|---|
| £140,000 | 1 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 August 2013 the House Price Index for EAST RIDING OF YORKSHIRE was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £140,000 results in an estimated price of approximately £231,504.
| 1 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £140,000 | £91,504 | £231,504 |
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 | 58.534 % | £81,948 | £221,948 |
| 3 Month Average | 66.847 % | £93,586 | £233,586 |
| 6 Month Average | 50.851 % | £71,191 | £211,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £91,603 | £90,000 | 27 TAYLORS FIELD |
| 6 Dec 2023 | £264,630 | £260,000 | 31 SPENCERS WAY |
| 1 Dec 2023 | £89,058 | £87,500 | 2 TAYLORS FIELD |
| 15 Sep 2023 | £131,684 | £130,000 | 3 TAYLORS FIELD |
| 6 Sep 2023 | £131,684 | £130,000 | 17 TAYLORS FIELD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 Feb 2013. Using an estimated price of £231,504 means this house is valued at £2,462 per sq meter (£228 per sq foot).
The average size of a house on SPENCERS WAY is 122 sq meters (1,316 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |