£256,945
This estimated value is based upon the latest sale price for the house of £220,000 on 11 Nov 2020. 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 |
|---|---|
| £220,000 | 11 Nov 2020 |
| £178,000 | 11 Apr 2012 |
| £177,950 | 19 Feb 2007 |
| £142,500 | 29 Oct 2003 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 720 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 November 2020 the House Price Index for EAST RIDING OF YORKSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £220,000 results in an estimated price of approximately £256,945.
| 11 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £220,000 | £36,945 | £256,945 |
The Postcode Pricing Model uses changes in average sales price within the YO16 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 | 65.795 % | £144,749 | £364,749 |
| 3 Month Average | 5.426 % | £11,937 | £231,937 |
| 6 Month Average | 12.026 % | £26,457 | £246,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £245,000 | £245,000 | 5 KESTREL DRIVE |
| 18 Mar 2024 | £238,667 | £235,000 | 14 CHESTNUT CLOSE |
| 15 Mar 2024 | £319,915 | £315,000 | 4 WOODLANDS CLOSE |
| 17 Nov 2023 | £220,600 | £215,000 | 13 MORDACKS ROAD |
| 14 Sep 2023 | £319,033 | £312,000 | 26 MORDACKS ROAD |
This house has a floor area of 66 sq meters or 720 sq feet when measured on 25 Aug 2011. Using an estimated price of £256,946 means this house is valued at £3,839 per sq meter (£356 per sq foot).
The average size of a house on CHESTNUT CLOSE is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Foresters Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marton View |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Marton View |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Scargate Close |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Carroway Close |