£73,806
This estimated value is based upon the latest sale price for the house of £53,000 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for CITY OF KINGSTON UPON HULL 1
There has been one burglary within the last year on or near Lorraine Street
More crime details
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| Price Paid | Date |
|---|---|
| £53,000 | 20 Nov 2015 |
| £48,500 | 24 May 2012 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 539 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF KINGSTON UPON HULL to estimate the market value.
When this house was purchased in November 2015 the House Price Index for CITY OF KINGSTON UPON HULL was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £53,000 results in an estimated price of approximately £73,806.
| 20 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £53,000 | £20,806 | £73,806 |
The Postcode Pricing Model uses changes in average sales price within the HU8 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 | -0.577 % | £-305 | £52,694 |
| 3 Month Average | 2.593 % | £1,374 | £54,374 |
| 6 Month Average | 27.318 % | £14,478 | £67,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £65,887 | £65,000 | 68 MAYVILLE AVENUE |
| 20 Mar 2023 | £63,094 | £62,500 | 80 LORRAINE STREET |
| 17 Nov 2022 | £98,803 | £100,000 | 76 MAYVILLE AVENUE |
| 13 Jun 2022 | £92,304 | £91,000 | 45 LORRAINE STREET |
| 31 May 2022 | £77,460 | £76,000 | 54 LORRAINE STREET |
This house has a floor area of 50 sq meters or 539 sq feet when measured on 18 Sep 2009. Using an estimated price of £73,807 means this house is valued at £1,473 per sq meter (£136 per sq foot).
The average size of a house on LORRAINE STREET is 67 sq meters (722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lorraine Street |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Lorraine Street |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Lorraine Street |
| Feb 2024 | Other theft | Under investigation | On or near Lorraine Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lorraine Street |