£149,873
This estimated value is based upon the latest sale price for the house of £136,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for CITY OF KINGSTON UPON HULL 1
There has been one burglary within the last year on or near Lake Drive
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| Price Paid | Date |
|---|---|
| £136,000 | 8 Oct 2021 |
| £45,000 | 26 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF KINGSTON UPON HULL to estimate the market value.
When this house was purchased in October 2021 the House Price Index for CITY OF KINGSTON UPON HULL was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £136,000 results in an estimated price of approximately £149,873.
| 8 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £136,000 | £13,873 | £149,873 |
The Postcode Pricing Model uses changes in average sales price within the HU8 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 | 27.149 % | £36,922 | £172,922 |
| 3 Month Average | -12.585 % | £-17,115 | £118,884 |
| 6 Month Average | -10.319 % | £-14,034 | £121,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £24,382,373 | £24,300,000 | WM MORRISON SUPERMARKETS PLC HOLDERNESS ROAD |
| 17 Nov 2023 | £184,873 | £182,500 | 24 LAKE DRIVE |
| 3 Apr 2023 | £136,011 | £135,000 | 45 LAKE VIEW |
| 10 Mar 2023 | £186,005 | £185,000 | 34 LAKE DRIVE |
| 22 Jul 2022 | £139,811 | £140,000 | 4 LAKE VIEW |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 18 Jun 2021. Using an estimated price of £149,873 means this house is valued at £1,413 per sq meter (£131 per sq foot).
The average size of a house on LAKE DRIVE is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Lake Drive |
| Feb 2024 | Anti-social behaviour | On or near Lake Drive | |
| Feb 2024 | Anti-social behaviour | On or near Lake Drive | |
| Feb 2024 | Anti-social behaviour | On or near Lake Drive | |
| Apr 2024 | Bicycle theft | Under investigation | On or near Lake View |