£411,850
This estimated value is based upon the latest sale price for the house of £200,000 on 2 Apr 2004. 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 |
|---|---|
| £200,000 | 2 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 April 2004 the House Price Index for EAST RIDING OF YORKSHIRE was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £200,000 results in an estimated price of approximately £411,850.
| 2 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £200,000 | £211,850 | £411,850 |
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 | 67.818 % | £135,636 | £335,636 |
| 3 Month Average | 86.575 % | £173,150 | £373,150 |
| 6 Month Average | 85.482 % | £170,964 | £370,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £220,000 | £220,000 | 2 LINTON CLOSE |
| 3 Nov 2023 | £205,209 | £200,000 | 42 QUEENSGATE |
| 26 Sep 2023 | £242,853 | £237,500 | 9 RISBY PLACE |
| 12 Aug 2022 | £216,010 | £215,000 | 5 RISBY PLACE |
| 5 Aug 2022 | £180,846 | £180,000 | 1 RISBY PLACE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 17 Nov 2015. Using an estimated price of £411,851 means this house is valued at £2,941 per sq meter (£273 per sq foot).
The average size of a house on BUTT LANE is 103 sq meters (1,112 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Durham Mews |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Nursery Gardens |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Nursery Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nursery Gardens |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Shorthill Croft |