£75,304
This estimated value is based upon the latest sale price for the house of £67,500 on 25 Aug 2021. This value is then adjusted by the current Official House Price Index for CITY OF KINGSTON UPON HULL 1
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| Price Paid | Date |
|---|---|
| £67,500 | 25 Aug 2021 |
| £42,950 | 25 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF KINGSTON UPON HULL to estimate the market value.
When this house was purchased in August 2021 the House Price Index for CITY OF KINGSTON UPON HULL was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £67,500 results in an estimated price of approximately £75,304.
| 25 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £67,500 | £7,804 | £75,304 |
The Postcode Pricing Model uses changes in average sales price within the HU3 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 | 11.727 % | £7,915 | £75,415 |
| 3 Month Average | -4.230 % | £-2,855 | £64,644 |
| 6 Month Average | 0.635 % | £428 | £67,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £78,688 | £78,000 | 10 ELDON GROVE |
| 5 Jul 2023 | £63,859 | £63,000 | 59 ARTHUR STREET |
| 2 Jul 2023 | £56,764 | £56,000 | 6 ELDON GROVE |
| 1 Jun 2023 | £68,834 | £68,000 | 63 ST GEORGES ROAD |
| 27 Mar 2023 | £65,618 | £65,000 | 5 ELDON GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 2 Jul 2019. Using an estimated price of £75,304 means this house is valued at £953 per sq meter (£88 per sq foot).
The average size of a house on WELLS STREET is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Offender given a caution | On or near Wells Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wells Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wells Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wells Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Street |