£256,605
This estimated value is based upon the latest sale price for the house of £55,000 on 8 Oct 1998. 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 |
|---|---|
| £55,000 | 8 Oct 1998 |
| Detached |
| Freehold |
| 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 October 1998 the House Price Index for EAST RIDING OF YORKSHIRE was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £55,000 results in an estimated price of approximately £256,605.
| 8 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £55,000 | £201,605 | £256,605 |
The Postcode Pricing Model uses changes in average sales price within the YO15 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 | 291.923 % | £160,557 | £215,557 |
| 3 Month Average | 284.712 % | £156,591 | £211,591 |
| 6 Month Average | 260.570 % | £143,313 | £198,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2024 | £86,000 | £86,000 | FLAT 1 21A VICTORIA ROAD |
| 28 Apr 2023 | £90,696 | £89,000 | FLAT 7 47 - 49 VICTORIA ROAD |
| 3 Mar 2023 | £167,802 | £165,000 | 56 WELLINGTON ROAD |
| 19 Jan 2023 | £122,327 | £122,000 | 35 WELLINGTON ROAD |
| 31 Oct 2022 | £229,234 | £230,000 | 15 WELLINGTON ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 5 Sep 2019. Using an estimated price of £256,605 means this house is valued at £5,132 per sq meter (£476 per sq foot).
The average size of a house on VICTORIA ROAD is 116 sq meters (1,256 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Victoria Road |
| Oct 2024 | Robbery | Awaiting court outcome | On or near Victoria Road |
| Sep 2024 | Burglary | Under investigation | On or near Wycliffe Lane |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Wycliffe Lane |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Wycliffe Lane |