£398,766
This estimated value is based upon the latest sale price for the house of £275,000 on 22 Jul 2015. 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 |
|---|---|
| £275,000 | 22 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 189 sq meters or 2,034 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 July 2015 the House Price Index for EAST RIDING OF YORKSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £275,000 results in an estimated price of approximately £398,766.
| 22 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £275,000 | £123,766 | £398,766 |
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 | -8.565 % | £-23,554 | £251,445 |
| 3 Month Average | 24.311 % | £66,855 | £341,855 |
| 6 Month Average | 32.278 % | £88,764 | £363,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £259,950 | £259,950 | 11 SOUTHWOOD ROAD |
| 30 Jun 2023 | £244,908 | £240,000 | 1 SOUTHWOOD AVENUE |
| 16 Jun 2023 | £204,090 | £200,000 | 46 LANGDALE CRESCENT |
| 22 Feb 2023 | £175,170 | £174,000 | 9 THE CLOSE |
| 27 Jan 2023 | £195,522 | £195,000 | 42 SOUTHWOOD AVENUE |
This house has a floor area of 189 sq meters or 2,034 sq feet when measured on 26 May 2015. Using an estimated price of £398,767 means this house is valued at £2,109 per sq meter (£196 per sq foot).
The average size of a house on SOUTHWOOD ROAD is 123 sq meters (1,333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southwood Avenue |
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Southwood Avenue |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Southwood Avenue |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Langdale Crescent |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near Langdale Crescent |