£150,777
This estimated value is based upon the latest sale price for the house of £87,000 on 29 Jun 2011. This value is then adjusted by the current Official House Price Index for EAST RIDING OF YORKSHIRE 1
There have been two burglaries within the last year on or near Mollison Road
More crime details
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| Price Paid | Date |
|---|---|
| £87,000 | 29 Jun 2011 |
| £51,000 | 6 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 822 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 June 2011 the House Price Index for EAST RIDING OF YORKSHIRE was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £87,000 results in an estimated price of approximately £150,777.
| 29 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £87,000 | £63,777 | £150,777 |
The Postcode Pricing Model uses changes in average sales price within the HU13 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 | 64.632 % | £56,230 | £143,230 |
| 3 Month Average | 64.068 % | £55,738 | £142,738 |
| 6 Month Average | 39.221 % | £34,122 | £121,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £157,760 | £155,000 | 198 FIRST LANE |
| 29 Sep 2023 | £197,526 | £195,000 | 150 FIRST LANE |
| 8 Sep 2023 | £98,256 | £97,000 | 15 SEAGRAN AVENUE |
| 6 Jun 2023 | £122,484 | £121,000 | 8 FIRST LANE |
| 16 Sep 2022 | £188,478 | £190,000 | 146 FIRST LANE |
This house has a floor area of 76 sq meters or 822 sq feet when measured on 17 Feb 2011. Using an estimated price of £150,778 means this house is valued at £1,973 per sq meter (£183 per sq foot).
The average size of a house on FIRST LANE is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Mollison Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Mollison Road |
| Feb 2024 | Drugs | Local resolution | On or near Bethune Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bethune Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bethune Avenue |