£137,726
This estimated value is based upon the latest sale price for the house of £72,000 on 11 Oct 2004. This value is then adjusted by the current Official House Price Index for HUMBERSIDE 1
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Price Paid | Date |
---|---|
£72,000 | 11 Oct 2004 |
£28,000 | 8 Dec 1995 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 sq feet |
This model uses changes in the Official Land Registry House Price Index for HUMBERSIDE to estimate the market value.
When this house was purchased in October 2004 the House Price Index for HUMBERSIDE was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £72,000 results in an estimated price of approximately £137,726.
11 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £72,000 | £65,726 | £137,726 |
The Postcode Pricing Model uses changes in average sales price within the DN32 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 | 65.859 % | £47,418 | £119,418 |
3 Month Average | 43.914 % | £31,618 | £103,618 |
6 Month Average | 54.322 % | £39,111 | £111,111 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2024 | £72,000 | £72,000 | 204 DURBAN ROAD |
31 May 2024 | £64,000 | £64,000 | 374 WELLINGTON STREET |
28 Jun 2023 | £69,095 | £67,710 | 358 WELLINGTON STREET |
1 Feb 2023 | £75,504 | £75,000 | 360 WELLINGTON STREET |
13 Jun 2022 | £133,861 | £131,000 | 144 COOPER ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 16 Feb 2018. Using an estimated price of £137,726 means this house is valued at £1,363 per sq meter (£126 per sq foot).
The average size of a house on DURBAN ROAD is 97 sq meters (1,044 sq feet).