£134,421
This estimated value is based upon the latest sale price for the house of £110,000 on 27 Sep 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 |
|---|---|
| £110,000 | 27 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2019 the House Price Index for EAST RIDING OF YORKSHIRE was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £110,000 results in an estimated price of approximately £134,421.
| 27 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £110,000 | £24,421 | £134,421 |
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 | 48.829 % | £53,711 | £163,711 |
| 3 Month Average | 40.119 % | £44,131 | £154,131 |
| 6 Month Average | 30.696 % | £33,765 | £143,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £117,218 | £115,000 | 1 MELBOURNE AVENUE |
| 30 Nov 2023 | £93,196 | £92,000 | 8 MELBOURNE AVENUE |
| 30 Jun 2023 | £103,792 | £102,950 | 6 WESTBOURNE AVENUE |
| 11 Apr 2023 | £100,698 | £99,950 | 2 ST. JOHNS FLATS 3-5 ST JOHNS AVENUE |
| 10 Mar 2023 | £85,462 | £85,000 | 35 WESTBOURNE AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 23 Aug 2019. Using an estimated price of £134,421 means this house is valued at £1,510 per sq meter (£140 per sq foot).
The average size of a house on GYPSEY BANK is 112 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Martins Drive |
| Apr 2024 | Drugs | Under investigation | On or near Melbourne Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Avenue |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Melbourne Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Midway Avenue |