£247,380
This estimated value is based upon the latest sale price for the house of £200,000 on 31 Aug 2018. 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 |
|---|---|
| £200,000 | 31 Aug 2018 |
| £169,950 | 14 May 2004 |
| £84,000 | 7 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 August 2018 the House Price Index for EAST RIDING OF YORKSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £200,000 results in an estimated price of approximately £247,380.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £200,000 | £47,380 | £247,380 |
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 | 95.917 % | £191,833 | £391,833 |
| 3 Month Average | 36.319 % | £72,638 | £272,638 |
| 6 Month Average | 30.997 % | £61,994 | £261,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £235,000 | £235,000 | 14 CHESTNUT CLOSE |
| 15 Mar 2024 | £315,000 | £315,000 | 4 WOODLANDS CLOSE |
| 17 Nov 2023 | £218,231 | £215,000 | 13 MORDACKS ROAD |
| 10 Nov 2023 | £355,260 | £350,000 | 2 MORDACKS ROAD |
| 14 Sep 2023 | £316,041 | £312,000 | 26 MORDACKS ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 20 Feb 2018. Using an estimated price of £247,381 means this house is valued at £2,311 per sq meter (£214 per sq foot).
The average size of a house on CHESTNUT CLOSE is 103 sq meters (1,110 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Carroway Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Poplar Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Poplar Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Yordas Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beacon Road |