£207,371
This estimated value is based upon the latest sale price for the house of £124,500 on 10 Jun 2013. 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 |
|---|---|
| £124,500 | 10 Jun 2013 |
| £128,500 | 3 Nov 2006 |
| £42,000 | 6 Sep 1996 |
| Terraced |
| Freehold |
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 June 2013 the House Price Index for EAST RIDING OF YORKSHIRE was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £124,500 results in an estimated price of approximately £207,371.
| 10 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £124,500 | £82,871 | £207,371 |
The Postcode Pricing Model uses changes in average sales price within the YO43 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 | 23.599 % | £29,380 | £153,880 |
| 3 Month Average | 26.955 % | £33,558 | £158,058 |
| 6 Month Average | 32.289 % | £40,199 | £164,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £639,467 | £630,000 | 5 THE GREEN |
| 15 Sep 2023 | £167,137 | £165,000 | 8 CHURCH CLOSE |
| 11 Sep 2023 | £227,914 | £225,000 | 4 LONDESBOROUGH ROAD |
| 21 Apr 2023 | £70,762 | £70,000 | 4 ALL SAINTS COURT |
| 6 Mar 2023 | £198,369 | £196,500 | 1 CHURCH CLOSE |