£431,041
This estimated value is based upon the latest sale price for the house of £247,500 on 7 Oct 2011. 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 |
|---|---|
| £247,500 | 7 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,047 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 October 2011 the House Price Index for EAST RIDING OF YORKSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £247,500 results in an estimated price of approximately £431,041.
| 7 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £247,500 | £183,541 | £431,041 |
The Postcode Pricing Model uses changes in average sales price within the HU17 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 | 24.525 % | £60,699 | £308,199 |
| 3 Month Average | 33.970 % | £84,076 | £331,576 |
| 6 Month Average | 35.086 % | £86,838 | £334,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £317,759 | £315,000 | 50 WHEATLANDS DRIVE |
| 12 Mar 2024 | £62,967 | £62,000 | 9 MOLESCROFT MEWS |
| 15 Dec 2023 | £319,828 | £310,000 | 203 WOODHALL WAY |
| 1 Dec 2023 | £464,266 | £450,000 | 44 MOLESCROFT ROAD |
| 6 Nov 2023 | £277,032 | £270,000 | 33 WHEATLANDS DRIVE |
This house has a floor area of 97 sq meters or 1,047 sq feet when measured on 5 Aug 2011. Using an estimated price of £431,041 means this house is valued at £4,431 per sq meter (£411 per sq foot).
The average size of a house on THE RIDINGS is 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairlawn |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Hillcrest |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillcrest |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wheatlands Drive |