£289,052
This estimated value is based upon the latest sale price for the house of £250,000 on 8 Dec 2020. 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 |
|---|---|
| £250,000 | 8 Dec 2020 |
| £215,000 | 7 Nov 2012 |
| £162,500 | 1 May 2003 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,334 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 December 2020 the House Price Index for EAST RIDING OF YORKSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £250,000 results in an estimated price of approximately £289,052.
| 8 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £250,000 | £39,052 | £289,052 |
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 | 9.652 % | £24,130 | £274,130 |
| 3 Month Average | 14.996 % | £37,490 | £287,490 |
| 6 Month Average | 8.499 % | £21,248 | £271,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £336,061 | £330,000 | 71 SOUTHWOOD ROAD |
| 17 Feb 2023 | £291,950 | £290,000 | 21 MEADOW WAY |
| 12 Aug 2022 | £442,017 | £439,950 | 57 SOUTHWOOD ROAD |
| 14 Jan 2022 | £333,962 | £315,000 | 23 MEADOW WAY |
| 29 Oct 2021 | £242,998 | £218,000 | 4 MEADOW WAY |
This house has a floor area of 123 sq meters or 1,334 sq feet when measured on 23 Nov 2011. Using an estimated price of £289,052 means this house is valued at £2,331 per sq meter (£216 per sq foot).
The average size of a house on MURRAY CRESCENT is 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Inverewe Way |
| Aug 2024 | Drugs | Offender given a caution | On or near Southwood Gardens |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Southwood Gardens |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Winston Drive |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The Close |