£1,143,382
This estimated value is based upon the latest sale price for the house of £800,000 on 21 Aug 2015. 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 |
|---|---|
| £800,000 | 21 Aug 2015 |
| £250,000 | 8 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 822 sq meters or 8,853 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 August 2015 the House Price Index for EAST RIDING OF YORKSHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £800,000 results in an estimated price of approximately £1,143,382.
| 21 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £800,000 | £343,382 | £1,143,382 |
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 | 20.415 % | £163,319 | £963,319 |
| 3 Month Average | 45.867 % | £366,932 | £1,166,932 |
| 6 Month Average | 32.064 % | £256,511 | £1,056,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £121,059 | £120,000 | 6 GIBSON STREET |
| 5 Jun 2023 | £531,437 | £525,000 | THE SPINNEY SCARBOROUGH ROAD |
| 6 Jan 2023 | £142,827 | £143,500 | 19 NORTH STREET |
| 5 Aug 2022 | £99,732 | £100,000 | 31 GIBSON STREET |
| 17 Sep 2021 | £150,863 | £140,000 | 40 PARK AVENUE |
This house has a floor area of 822 sq meters or 8,853 sq feet when measured on 27 Mar 2009. Using an estimated price of £1,143,382 means this house is valued at £1,390 per sq meter (£129 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gibson Street |
| Apr 2024 | Shoplifting | Under investigation | On or near Gibson Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gibson Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gibson Street |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gibson Street |