£263,037
This estimated value is based upon the latest sale price for the house of £227,500 on 4 Dec 2020. 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 |
|---|---|
| £227,500 | 4 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 2020 the House Price Index for EAST RIDING OF YORKSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £227,500 results in an estimated price of approximately £263,037.
| 4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £227,500 | £35,537 | £263,037 |
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 | 43.505 % | £98,973 | £326,473 |
| 3 Month Average | 11.153 % | £25,373 | £252,873 |
| 6 Month Average | 3.480 % | £7,917 | £235,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £398,460 | £395,000 | 3 MILL WALK |
| 8 Dec 2023 | £252,767 | £245,000 | 35 PRIORY ROAD |
| 15 Sep 2023 | £278,642 | £272,500 | 20 PRIORY ROAD |
| 21 Apr 2023 | £298,585 | £293,000 | 8 WINDSOR CLOSE |
| 21 Apr 2023 | £392,338 | £385,000 | 38 PRIORY ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 2 Jan 2020. Using an estimated price of £263,038 means this house is valued at £2,553 per sq meter (£237 per sq foot).
The average size of a house on PRIORY ROAD is 122 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Priory Road |
| Jul 2024 | Anti-social behaviour | On or near Wood Lane | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Priory Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Park |
| Jul 2024 | Burglary | Under investigation | On or near Beck Bank |