£117,022
This estimated value is based upon the latest sale price for the house of £86,500 on 16 May 2016. This value is then adjusted by the current Official House Price Index for HUMBERSIDE 1
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| Price Paid | Date |
|---|---|
| £86,500 | 16 May 2016 |
| £38,000 | 9 Feb 1996 |
| £44,000 | 21 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 sq feet |
This model uses changes in the Official Land Registry House Price Index for HUMBERSIDE to estimate the market value.
When this house was purchased in May 2016 the House Price Index for HUMBERSIDE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £86,500 results in an estimated price of approximately £117,022.
| 16 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £86,500 | £30,522 | £117,022 |
The Postcode Pricing Model uses changes in average sales price within the HU3 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 | 3.710 % | £3,209 | £89,709 |
| 3 Month Average | 30.114 % | £26,048 | £112,548 |
| 6 Month Average | 29.733 % | £25,719 | £112,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £115,779 | £114,000 | 112 MEADOWBANK ROAD |
| 6 Dec 2023 | £134,121 | £130,000 | 97 CARDIGAN ROAD |
| 21 Aug 2023 | £170,067 | £167,000 | 82 MEADOWBANK ROAD |
| 7 Aug 2023 | £105,910 | £104,000 | 105 CARDIGAN ROAD |
| 23 Jun 2023 | £114,801 | £112,500 | 120 CARDIGAN ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 4 Jun 2015. Using an estimated price of £117,022 means this house is valued at £1,285 per sq meter (£119 per sq foot).
The average size of a house on MEADOWBANK ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morris Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Road |
| Sep 2024 | Other theft | Under investigation | On or near Cardigan Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cardigan Road |