£408,723
This estimated value is based upon the latest sale price for the house of £218,000 on 28 Apr 2005. 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 |
|---|---|
| £218,000 | 28 Apr 2005 |
| £65,000 | 29 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 April 2005 the House Price Index for EAST RIDING OF YORKSHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £218,000 results in an estimated price of approximately £408,723.
| 28 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £218,000 | £190,723 | £408,723 |
The Postcode Pricing Model uses changes in average sales price within the HU14 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 | 133.985 % | £292,088 | £510,088 |
| 3 Month Average | 63.538 % | £138,512 | £356,512 |
| 6 Month Average | 42.318 % | £92,252 | £310,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £216,657 | £210,000 | 12 EAST MOUNT |
| 10 Nov 2023 | £174,428 | £170,000 | TUFFET COTTAGE READING ROOM YARD |
| 9 Nov 2023 | £302,683 | £295,000 | 22 CHURCH AVENUE |
| 22 Sep 2023 | £281,199 | £275,000 | 6 CHURCH AVENUE |
| 1 Aug 2023 | £226,587 | £222,500 | 5 SCHOOL LANE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 15 Oct 2019. Using an estimated price of £408,724 means this house is valued at £3,096 per sq meter (£287 per sq foot).
The average size of a house on SCHOOL LANE is 118 sq meters (1,272 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near School Lane |
| Sep 2024 | Other theft | Under investigation | On or near East Mount |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Mount |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Mount |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Bakers Yard |