£254,447
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Jan 2022. 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 |
---|---|
£240,000 | 14 Jan 2022 |
£187,500 | 18 Feb 2020 |
£149,950 | 20 Apr 2006 |
Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 January 2022 the House Price Index for EAST RIDING OF YORKSHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £240,000 results in an estimated price of approximately £254,447.
14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £240,000 | £14,447 | £254,447 |
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 | -4.427 % | £-10,625 | £229,374 |
3 Month Average | 14.036 % | £33,685 | £273,685 |
6 Month Average | 14.125 % | £33,899 | £273,899 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £306,712 | £302,000 | 1 KINGS MILL CLOSE |
23 Nov 2023 | £205,209 | £200,000 | 34A NEWLAND AVENUE |
27 Jan 2023 | £386,031 | £385,000 | 12 KINGS MILL ROAD |
24 Jun 2022 | £275,898 | £270,000 | 27 NEWLAND AVENUE |
14 Jan 2022 | £254,448 | £240,000 | 54 NEWLAND AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Feb 2018. Using an estimated price of £254,448 means this house is valued at £3,687 per sq meter (£342 per sq foot).
The average size of a house on NEWLAND AVENUE is 88 sq meters (951 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mill Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mill Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mill Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King'S Mill Road |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Briar Garth |