£936,529
This estimated value is based upon the latest sale price for the house of £810,000 on 11 Dec 2020. 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 |
|---|---|
| £810,000 | 11 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 287 sq meters or 3,089 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 2020 the House Price Index for EAST RIDING OF YORKSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £810,000 results in an estimated price of approximately £936,529.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £810,000 | £126,529 | £936,529 |
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 | -11.221 % | £-90,892 | £719,107 |
| 3 Month Average | -7.606 % | £-61,608 | £748,391 |
| 6 Month Average | -5.012 % | £-40,594 | £769,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £634,497 | £615,000 | 5 DRIFFIELD ROAD |
| 15 Sep 2023 | £582,848 | £570,000 | 1 DRIFFIELD ROAD |
| 1 Sep 2023 | £536,834 | £525,000 | 2 THE LAWNS |
| 11 Apr 2023 | £407,624 | £400,000 | 3 THE RIDINGS |
| 23 Feb 2023 | £369,971 | £367,500 | 24 THE CEDAR GROVE |
This house has a floor area of 287 sq meters or 3,089 sq feet when measured on 14 Aug 2020. Using an estimated price of £936,529 means this house is valued at £3,263 per sq meter (£303 per sq foot).
The average size of a house on MOLESCROFT ROAD is 139 sq meters (1,498 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairlawn |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Burton Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Hillcrest |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillcrest |