£300,622
This estimated value is based upon the latest sale price for the house of £295,000 on 28 Apr 2023. 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 |
|---|---|
| £295,000 | 28 Apr 2023 |
| £225,000 | 26 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 April 2023 the House Price Index for EAST RIDING OF YORKSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £295,000 results in an estimated price of approximately £300,622.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £295,000 | £5,622 | £300,622 |
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 | -32.726 % | £-96,540 | £198,459 |
| 3 Month Average | 2.285 % | £6,739 | £301,739 |
| 6 Month Average | 1.975 % | £5,826 | £300,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £92,853 | £90,000 | 27 TAYLORS FIELD |
| 6 Dec 2023 | £268,243 | £260,000 | 31 SPENCERS WAY |
| 1 Dec 2023 | £90,274 | £87,500 | 2 TAYLORS FIELD |
| 15 Sep 2023 | £132,930 | £130,000 | 3 TAYLORS FIELD |
| 6 Sep 2023 | £132,930 | £130,000 | 17 TAYLORS FIELD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 2 May 2019. Using an estimated price of £300,623 means this house is valued at £2,547 per sq meter (£236 per sq foot).
The average size of a house on SPENCERS WAY is 122 sq meters (1,316 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Spencers Way | |
| May 2024 | Anti-social behaviour | On or near Spencers Way | |
| May 2024 | Anti-social behaviour | On or near Spencers Way | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Taylors Field |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Parking Area |