£292,997
This estimated value is based upon the latest sale price for the house of £195,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for HUMBERSIDE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 5 Dec 2014 |
| £128,000 | 14 Jun 2002 |
| £74,950 | 30 Nov 1995 |
| £80,000 | 13 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 sq feet |
This model uses changes in the Official Land Registry House Price Index for HUMBERSIDE to estimate the market value.
When this house was purchased in December 2014 the House Price Index for HUMBERSIDE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £195,000 results in an estimated price of approximately £292,997.
| 5 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £195,000 | £97,997 | £292,997 |
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 | 99.563 % | £194,148 | £389,148 |
| 3 Month Average | 35.534 % | £69,291 | £264,291 |
| 6 Month Average | 30.272 % | £59,030 | £254,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £364,246 | £355,000 | 72 SOUTH STREET |
| 16 Oct 2023 | £143,254 | £140,000 | 27 WAINFLEET AVENUE |
| 14 Apr 2023 | £183,431 | £180,000 | 23 WEST GREEN |
| 10 Mar 2023 | £401,709 | £395,000 | 64 SOUTH STREET |
| 31 Oct 2022 | £55,814 | £56,000 | 18 WAINFLEET AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 19 Sep 2014. Using an estimated price of £292,998 means this house is valued at £2,236 per sq meter (£207 per sq foot).
The average size of a house on SOUTH STREET is 104 sq meters (1,127 sq feet).