£328,289
This estimated value is based upon the latest sale price for the house of £325,000 on 20 Jul 2022. 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 |
|---|---|
| £325,000 | 20 Jul 2022 |
| £156,000 | 23 Jan 2015 |
| Detached |
| Freehold |
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 July 2022 the House Price Index for EAST RIDING OF YORKSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £325,000 results in an estimated price of approximately £328,289.
| 20 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £325,000 | £3,289 | £328,289 |
The Postcode Pricing Model uses changes in average sales price within the YO15 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 | 585.092 % | £1,901,550 | £2,226,550 |
| 3 Month Average | 72.495 % | £235,607 | £560,607 |
| 6 Month Average | 426.829 % | £1,387,195 | £1,712,195 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £216,883 | £215,000 | 2 BEMPTON LANE |
| 20 Oct 2023 | £179,067 | £175,000 | LANE END COTTAGE BEMPTON LANE |
| 8 Sep 2023 | £357,531 | £349,650 | 15 BEECH AVENUE |
| 17 Mar 2023 | £223,736 | £220,000 | 6 BEECH AVENUE |
| 20 Jul 2022 | £328,289 | £325,000 | 12 BEMPTON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Bempton Lane |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bempton Lane |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bempton Lane |
| Jul 2024 | Public order | Under investigation | On or near Carter Lane |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near East Scar |