£274,382
This estimated value is based upon the latest sale price for the house of £172,000 on 28 Feb 2014. 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 |
|---|---|
| £172,000 | 28 Feb 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 February 2014 the House Price Index for EAST RIDING OF YORKSHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £172,000 results in an estimated price of approximately £274,382.
| 28 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £172,000 | £102,382 | £274,382 |
The Postcode Pricing Model uses changes in average sales price within the HU16 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 | 2.200 % | £3,783 | £175,783 |
| 3 Month Average | 27.038 % | £46,505 | £218,505 |
| 6 Month Average | 37.739 % | £64,911 | £236,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £187,000 | £187,000 | 17 HORNBEAM WALK |
| 15 Apr 2024 | £398,460 | £395,000 | 3 MILL WALK |
| 12 Apr 2024 | £252,190 | £250,000 | 17 LOATLEY GREEN |
| 24 Nov 2023 | £289,858 | £282,500 | 9 HORNBEAM DRIVE |
| 25 Aug 2023 | £244,408 | £240,000 | 26 HORNBEAM DRIVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 17 Dec 2013. Using an estimated price of £274,383 means this house is valued at £2,771 per sq meter (£257 per sq foot).
The average size of a house on HORNBEAM DRIVE is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Hornbeam Drive | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |
| Jul 2024 | Anti-social behaviour | On or near Wood Lane | |
| Jul 2024 | Anti-social behaviour | On or near Wood Lane |