£830,142
This estimated value is based upon the latest sale price for the house of £694,000 on 18 Sep 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 |
|---|---|
| £694,000 | 18 Sep 2020 |
| £450,000 | 20 Nov 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 305 sq meters or 3,282 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 September 2020 the House Price Index for EAST RIDING OF YORKSHIRE was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £694,000 results in an estimated price of approximately £830,142.
| 18 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £694,000 | £136,142 | £830,142 |
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 | -11.565 % | £-80,263 | £613,736 |
| 3 Month Average | 0.701 % | £4,863 | £698,863 |
| 6 Month Average | 3.794 % | £26,328 | £720,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £675,869 | £670,000 | 2 NORFOLK STREET |
| 24 Nov 2023 | £271,902 | £265,000 | 35 MOLESCROFT PARK |
| 3 Nov 2023 | £507,892 | £495,000 | 14 MOLESCROFT PARK |
| 6 Oct 2023 | £194,416 | £190,000 | FLAT 1 27 NEW WALK |
| 15 Aug 2023 | £1,374,796 | £1,350,000 | 1 OLD COURT |
This house has a floor area of 305 sq meters or 3,282 sq feet when measured on 17 Sep 2020. Using an estimated price of £830,143 means this house is valued at £2,721 per sq meter (£252 per sq foot).
The average size of a house on MOLESCROFT ROAD is 139 sq meters (1,498 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Molescroft Park |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Old College Drive |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old College Drive |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old College Drive |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Old College Drive |