£142,298
This estimated value is based upon the latest sale price for the house of £108,000 on 15 Nov 2016. 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 |
|---|---|
| £108,000 | 15 Nov 2016 |
| £68,500 | 4 Dec 2015 |
| £28,000 | 8 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2016 the House Price Index for EAST RIDING OF YORKSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £108,000 results in an estimated price of approximately £142,298.
| 15 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £108,000 | £34,298 | £142,298 |
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 | 18.130 % | £19,580 | £127,580 |
| 3 Month Average | 37.416 % | £40,409 | £148,409 |
| 6 Month Average | 26.882 % | £29,032 | £137,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £121,059 | £120,000 | 6 GIBSON STREET |
| 6 Jan 2023 | £78,630 | £79,000 | 48 EASTFIELD ROAD |
| 5 Aug 2022 | £99,732 | £100,000 | 31 GIBSON STREET |
| 1 Apr 2022 | £278,046 | £270,000 | 25 SCARBOROUGH ROAD |
| 21 Jul 2021 | £132,166 | £115,000 | 3 EASTGATE NORTH |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 24 Aug 2015. Using an estimated price of £142,298 means this house is valued at £2,587 per sq meter (£240 per sq foot).
The average size of a house on SCARBOROUGH ROAD is 109 sq meters (1,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gibson Street |
| Apr 2024 | Shoplifting | Under investigation | On or near Gibson Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gibson Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gibson Street |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gibson Street |