£221,587
This estimated value is based upon the latest sale price for the house of £178,500 on 9 Nov 2018. 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 |
|---|---|
| £178,500 | 9 Nov 2018 |
| Semi-Detached |
| 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 November 2018 the House Price Index for EAST RIDING OF YORKSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £178,500 results in an estimated price of approximately £221,587.
| 9 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £178,500 | £43,087 | £221,587 |
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 | 82.432 % | £147,141 | £325,641 |
| 3 Month Average | 33.837 % | £60,398 | £238,898 |
| 6 Month Average | 12.679 % | £22,632 | £201,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £252,190 | £250,000 | 12 MILL BECK LANE |
| 9 Oct 2023 | £309,530 | £302,500 | 24 MILL BECK LANE |
| 10 Mar 2023 | £218,652 | £215,000 | 50 MILL BECK LANE |
| 30 Jan 2023 | £230,616 | £230,000 | 22 QUEENS WAY |
| 7 Oct 2022 | £224,251 | £225,000 | 92 NORTHGATE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 9 Aug 2018. Using an estimated price of £221,588 means this house is valued at £2,357 per sq meter (£219 per sq foot).
The average size of a house on MILL BECK LANE is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lawson Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Lawson Avenue |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Lawson Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawson Avenue |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Lawson Avenue |