£284,369
This estimated value is based upon the latest sale price for the house of £280,000 on 5 Mar 2024. 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 |
|---|---|
| £280,000 | 5 Mar 2024 |
| £220,000 | 14 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,551 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 March 2024 the House Price Index for EAST RIDING OF YORKSHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £280,000 results in an estimated price of approximately £284,369.
| 5 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £280,000 | £4,369 | £284,369 |
The Postcode Pricing Model uses changes in average sales price within the DN14 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 | -15.420 % | £-43,174 | £236,825 |
| 3 Month Average | 1.820 % | £5,096 | £285,096 |
| 6 Month Average | 7.618 % | £21,329 | £301,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £284,369 | £280,000 | 11 OLIVE GROVE |
| 28 Sep 2023 | £171,787 | £168,000 | 14 BRETTON AVENUE |
| 5 Jan 2023 | £175,469 | £175,000 | 10 MONTROSE DRIVE |
| 1 Jun 2022 | £132,840 | £130,000 | 35 MONTROSE DRIVE |
| 31 May 2022 | £107,809 | £105,000 | 32 OLIVE GROVE |
This house has a floor area of 144 sq meters or 1,551 sq feet when measured on 11 Jan 2010. Using an estimated price of £284,369 means this house is valued at £1,973 per sq meter (£183 per sq foot).
The average size of a house on OLIVE GROVE is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olive Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bretton Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Maple Drive |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Millennium Way |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Millennium Way |