This estimated value is based upon the latest sale price for the house of £16,000 on 16 Sep 2004. This value is then adjusted by the current Official House Price Index for CITY OF KINGSTON UPON HULL 1
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|£16,000||16 Sep 2004|
|£11,500||18 Oct 2001|
|£26,500||15 Dec 1995|
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 September 2004 the House Price Index for CITY OF KINGSTON UPON HULL was 77.8.The House Price Index as of 1 Sep 2023 is 150.4 which is a change of 93.243%.
Applying this 93.243% change to the original purchase price of £16,000 results in an estimated price of approximately £30,918.
|16 Sep 2004||1 Sep 2023||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the HU3 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||33.708 %||£5,393||£21,393|
|3 Month Average||196.346 %||£31,415||£47,415|
|6 Month Average||179.986 %||£28,797||£44,797|