£600,439
This estimated value is based upon the latest sale price for the house of £350,000 on 12 Sep 2012. 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 |
|---|---|
| £350,000 | 12 Sep 2012 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,337 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 September 2012 the House Price Index for EAST RIDING OF YORKSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £350,000 results in an estimated price of approximately £600,439.
| 12 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.554 % | £350,000 | £250,439 | £600,439 |
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 | 4.504 % | £15,762 | £365,762 |
| 3 Month Average | 32.363 % | £113,271 | £463,271 |
| 6 Month Average | 39.965 % | £139,878 | £489,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £660,000 | £660,000 | PLOT 6 MERCHANTS DRIVE |
| 2 Nov 2023 | £174,428 | £170,000 | 65 EPPLEWORTH ROAD |
| 22 Sep 2023 | £204,508 | £200,000 | 8 ST MARGARETS AVENUE |
| 21 Sep 2023 | £227,004 | £222,000 | 3 STEWART GARTH |
| 1 Aug 2023 | £178,214 | £175,000 | 29 ST MARGARETS AVENUE |
This house has a floor area of 124 sq meters or 1,337 sq feet when measured on 12 Mar 2012. Using an estimated price of £600,440 means this house is valued at £4,830 per sq meter (£448 per sq foot).
The average size of a house on MILL LANE is 264 sq meters (2,848 sq feet).
This house is the smallest in the street with a floor area of 124 sq meters (1,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Eppleworth Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eppleworth Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eppleworth Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sancton Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brigade Drive |