£250,854
This estimated value is based upon the latest sale price for the house of £247,000 on 4 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 |
---|---|
£247,000 | 4 Mar 2024 |
£171,500 | 15 Jul 2016 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 £247,000 results in an estimated price of approximately £250,854.
4 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £247,000 | £3,854 | £250,854 |
The Postcode Pricing Model uses changes in average sales price within the HU5 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 | 7.085 % | £17,500 | £264,500 |
3 Month Average | -3.911 % | £-9,661 | £237,338 |
6 Month Average | 2.032 % | £5,018 | £252,018 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £192,000 | £192,000 | 27 SPRINGHEAD AVENUE |
4 Mar 2024 | £250,854 | £247,000 | 12 OAKWOOD CLOSE |
30 Oct 2023 | £168,835 | £165,000 | 23 SPRINGHEAD AVENUE |
16 Jun 2023 | £198,988 | £195,000 | 14 OAKWOOD CLOSE |
4 Nov 2022 | £79,628 | £80,000 | 49 MAYLAND AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Apr 2015. Using an estimated price of £250,854 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on OAKWOOD CLOSE is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Unable to prosecute suspect | On or near Julian Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Julian Close |
Jul 2024 | Anti-social behaviour | On or near Julian Close | |
Jul 2024 | Anti-social behaviour | On or near Julian Close | |
Jul 2024 | Anti-social behaviour | On or near Julian Close |