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Estimated Market Value


This estimated value is based upon the latest sale price for the house of £17,000 on 28 Jan 2005. This value is then adjusted by the current Official House Price Index for CITY OF KINGSTON UPON HULL1

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Transactions for this house
Price PaidDate
£17,00028 Jan 2005
House Details

House Price Models

Land Registry House Price Index Model

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 January 2005 the House Price Index for CITY OF KINGSTON UPON HULL was 74.7.

The House Price Index as of 1 Dec 2019 is 120.9 which is a change of 61.867%.

Applying this 61.867% change to the original purchase price of £17,000 gives us an estimated price now of around £27,517.

28 Jan 2005 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
74.7 120.9 61.867 % £17,000 £10,517 £27,517

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 114.729 % £19,503 £36,503
3 Month Average 158.042 % £26,867 £43,867
6 Month Average 159.210 % £27,065 £44,065
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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