£295,394
This estimated value is based upon the latest sale price for the house of £230,000 on 27 Jul 2017. 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 |
|---|---|
| £230,000 | 27 Jul 2017 |
| £155,000 | 13 Jul 2012 |
| £58,000 | 23 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2017 the House Price Index for EAST RIDING OF YORKSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £230,000 results in an estimated price of approximately £295,394.
| 27 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £230,000 | £65,394 | £295,394 |
The Postcode Pricing Model uses changes in average sales price within the HU17 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 | 7.645 % | £17,582 | £247,582 |
| 3 Month Average | 18.085 % | £41,595 | £271,595 |
| 6 Month Average | 19.808 % | £45,557 | £275,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £155,000 | £155,000 | 2 NICHOLSON CLOSE |
| 12 Apr 2024 | £201,752 | £200,000 | 26 NICHOLSON CLOSE |
| 5 Apr 2024 | £105,920 | £105,000 | 294 GROVEHILL ROAD |
| 31 Oct 2023 | £184,183 | £180,000 | 12 KIRKHOLME WAY |
| 29 Sep 2023 | £134,464 | £131,500 | 13 SWINEMOOR LANE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 25 Oct 2011. Using an estimated price of £295,395 means this house is valued at £2,461 per sq meter (£228 per sq foot).
The average size of a house on GROVEHILL ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholson Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Albion Court |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Conington Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conington Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Conington Avenue |