£492,874
This estimated value is based upon the latest sale price for the house of £278,000 on 21 Oct 2009. 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 |
|---|---|
| £278,000 | 21 Oct 2009 |
| £95,000 | 31 May 1996 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,332 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 October 2009 the House Price Index for EAST RIDING OF YORKSHIRE was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £278,000 results in an estimated price of approximately £492,874.
| 21 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 149.7 | 77.293 % | £278,000 | £214,874 | £492,874 |
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 | 34.130 % | £94,882 | £372,882 |
| 3 Month Average | 56.371 % | £156,711 | £434,711 |
| 6 Month Average | 52.464 % | £145,849 | £423,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £451,460 | £440,000 | 56 CANTERBURY CLOSE |
| 30 Jun 2023 | £219,397 | £215,000 | 50 CANTERBURY CLOSE |
| 7 Mar 2023 | £344,249 | £338,500 | 7 SORREL CLOSE |
| 1 Jun 2022 | £357,645 | £350,000 | 26 SORREL CLOSE |
| 12 Nov 2021 | £83,893 | £77,000 | 12 CANTERBURY CLOSE |
This house has a floor area of 123 sq meters or 1,332 sq feet when measured on 18 Sep 2009. Using an estimated price of £492,874 means this house is valued at £3,981 per sq meter (£369 per sq foot).
The average size of a house on SORREL CLOSE is 119 sq meters (1,287 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Canterbury Close |
| Sep 2024 | Burglary | Under investigation | On or near Richmond Walk |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Walk |
| Sep 2024 | Burglary | Awaiting court outcome | On or near Shopping Area |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |