£108,320
This estimated value is based upon the latest sale price for the house of £49,950 on 16 Dec 2003. 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 |
|---|---|
| £49,950 | 16 Dec 2003 |
| £31,000 | 17 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 841 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 December 2003 the House Price Index for CITY OF KINGSTON UPON HULL was 68.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 116.858%.Applying this 116.858% change to the original purchase price of £49,950 results in an estimated price of approximately £108,320.
| 16 Dec 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.0 | 116.858 % | £49,950 | £58,370 | £108,320 |
The Postcode Pricing Model uses changes in average sales price within the HU6 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 | 61.933 % | £30,935 | £80,885 |
| 3 Month Average | 116.130 % | £58,006 | £107,956 |
| 6 Month Average | 113.904 % | £56,895 | £106,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £112,881 | £112,500 | 63 ELLERBURN AVENUE |
| 4 Aug 2023 | £100,612 | £100,000 | 30 ELLERBURN AVENUE |
| 20 Jul 2023 | £70,668 | £70,000 | 46 22ND AVENUE |
| 7 Jul 2023 | £103,984 | £103,000 | 26 ELLERBURN AVENUE |
| 21 Feb 2023 | £95,050 | £95,500 | 48 YORK ROAD |
This house has a floor area of 78 sq meters or 841 sq feet when measured on 19 Jun 2009. Using an estimated price of £108,321 means this house is valued at £1,385 per sq meter (£128 per sq foot).
The average size of a house on 5TH AVENUE is 75 sq meters (809 sq feet).