£282,724
This estimated value is based upon the latest sale price for the house of £225,000 on 16 May 2018. 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 |
|---|---|
| £225,000 | 16 May 2018 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 May 2018 the House Price Index for EAST RIDING OF YORKSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £225,000 results in an estimated price of approximately £282,724.
| 16 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £225,000 | £57,724 | £282,724 |
The Postcode Pricing Model uses changes in average sales price within the YO15 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 | 10.558 % | £23,755 | £248,755 |
| 3 Month Average | 6.857 % | £15,427 | £240,427 |
| 6 Month Average | 4.178 % | £9,399 | £234,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £107,500 | £107,500 | FLAT 1 27 LAMPLUGH ROAD |
| 8 Jun 2023 | £297,461 | £291,500 | 16 SIXTH AVENUE |
| 27 Jul 2022 | £398,998 | £395,000 | 4 FIRST AVENUE |
| 27 May 2022 | £287,490 | £280,000 | 1 SIXTH AVENUE |
| 9 May 2022 | £252,580 | £246,000 | 29 LAMPLUGH ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 12 Mar 2018. Using an estimated price of £282,724 means this house is valued at £2,617 per sq meter (£243 per sq foot).
The average size of a house on SIXTH AVENUE is 172 sq meters (1,855 sq feet).
This house is the smallest in the street with a floor area of 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sixth Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sixth Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lamplugh Road |
| Jun 2024 | Drugs | Offender given a caution | On or near Lamplugh Road |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Fourth Avenue |