£156,664
This estimated value is based upon the latest sale price for the house of £127,000 on 7 Dec 2018. 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 |
|---|---|
| £127,000 | 7 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2018 the House Price Index for EAST RIDING OF YORKSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £127,000 results in an estimated price of approximately £156,664.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £127,000 | £29,664 | £156,664 |
The Postcode Pricing Model uses changes in average sales price within the YO16 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 | 60.458 % | £76,781 | £203,781 |
| 3 Month Average | 31.946 % | £40,571 | £167,571 |
| 6 Month Average | 24.537 % | £31,161 | £158,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £116,728 | £115,000 | 66 WRIGHT CRESCENT |
| 7 Sep 2023 | £192,461 | £190,000 | 14 THORNTON ROAD |
| 14 Jul 2023 | £149,005 | £147,000 | 54 KENT SQUARE |
| 23 Jun 2023 | £131,594 | £130,000 | 12 CORNFIELD CRESCENT |
| 3 Mar 2023 | £186,760 | £185,000 | 17 THORNTON ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 24 Jul 2018. Using an estimated price of £156,665 means this house is valued at £1,424 per sq meter (£132 per sq foot).
The average size of a house on WRIGHT CRESCENT is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wright Crescent |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Wright Crescent |
| Feb 2024 | Other theft | Under investigation | On or near Wright Crescent |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Wright Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wright Crescent |