£82,385
This estimated value is based upon the latest sale price for the house of £65,000 on 4 Sep 2017. 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 |
---|---|
£65,000 | 4 Sep 2017 |
£98,750 | 29 Jun 2007 |
£89,995 | 26 Jun 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 September 2017 the House Price Index for EAST RIDING OF YORKSHIRE was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £65,000 results in an estimated price of approximately £82,385.
4 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £65,000 | £17,385 | £82,385 |
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 | 59.046 % | £38,380 | £103,380 |
3 Month Average | 30.888 % | £20,077 | £85,077 |
6 Month Average | 28.233 % | £18,351 | £83,351 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £153,864 | £152,000 | 19 VICTORY WAY |
6 Apr 2023 | £156,687 | £155,000 | 5 BRITANNIA ROAD |
6 Jan 2023 | £194,086 | £195,000 | 26 BRITANNIA ROAD |
11 Nov 2022 | £96,827 | £98,000 | 10 VICTORY WAY |
8 Jul 2022 | £50,135 | £50,000 | APARTMENT 16 ASSEMBLEY HOUSE SCHOLARS WAY |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 23 Jun 2017. Using an estimated price of £82,385 means this house is valued at £1,647 per sq meter (£153 per sq foot).
The average size of a house on VICTORY WAY is 55 sq meters (599 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Victory Way |
Dec 2023 | Other crime | Unable to prosecute suspect | On or near Victory Way |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Britannia Road |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Britannia Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Neptune Drive |