£209,462
This estimated value is based upon the latest sale price for the house of £120,000 on 31 May 2006. 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 |
|---|---|
| £120,000 | 31 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 May 2006 the House Price Index for EAST RIDING OF YORKSHIRE was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £120,000 results in an estimated price of approximately £209,462.
| 31 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £120,000 | £89,462 | £209,462 |
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 | 34.287 % | £41,144 | £161,144 |
| 3 Month Average | 55.198 % | £66,237 | £186,237 |
| 6 Month Average | 40.118 % | £48,141 | £168,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £137,404 | £135,000 | 72A WESTGATE |
| 25 Aug 2023 | £146,532 | £145,250 | BOURNE CHAPEL WESTGATE |
| 12 Apr 2023 | £163,763 | £162,000 | 2 NEW HOUSES |
| 18 Oct 2022 | £187,976 | £190,000 | 43 MARKET PLACE |
| 15 Aug 2022 | £124,664 | £125,000 | 69 WESTGATE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 26 Jul 2018. Using an estimated price of £209,462 means this house is valued at £2,950 per sq meter (£274 per sq foot).
The average size of a house on WESTGATE is 70 sq meters (763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Cranwell Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cranwell Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cranwell Road |