£423,100
This estimated value is based upon the latest sale price for the house of £340,000 on 21 Feb 2019. 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 |
|---|---|
| £340,000 | 21 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 February 2019 the House Price Index for EAST RIDING OF YORKSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £340,000 results in an estimated price of approximately £423,100.
| 21 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £340,000 | £83,100 | £423,100 |
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 | 25.091 % | £85,308 | £425,308 |
| 3 Month Average | 25.141 % | £85,479 | £425,479 |
| 6 Month Average | 16.866 % | £57,344 | £397,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £219,997 | £215,000 | 52 WOOD LANE |
| 1 Sep 2023 | £489,797 | £479,000 | 27 WALTHAM LANE |
| 4 Nov 2022 | £298,604 | £300,000 | 9 WOOD LANE |
| 29 Jul 2022 | £419,200 | £415,000 | 39 WOOD LANE |
| 8 Jul 2022 | £294,955 | £292,000 | 7 TIGER LANE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 26 Jan 2018. Using an estimated price of £423,100 means this house is valued at £3,468 per sq meter (£322 per sq foot).
The average size of a house on WALTHAM LANE is 140 sq meters (1,511 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wood Lane |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carlton Court |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Carlton Court |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Carlton Court |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Carlton Court |