£75,551
This estimated value is based upon the latest sale price for the house of £70,000 on 1 Dec 2021. This value is then adjusted by the current Official House Price Index for CITY OF KINGSTON UPON HULL 1
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| Price Paid | Date |
|---|---|
| £70,000 | 1 Dec 2021 |
| £9,000 | 16 Jan 1998 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 December 2021 the House Price Index for CITY OF KINGSTON UPON HULL was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £70,000 results in an estimated price of approximately £75,551.
| 1 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £70,000 | £5,551 | £75,551 |
The Postcode Pricing Model uses changes in average sales price within the HU9 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 | 18.118 % | £12,682 | £82,682 |
| 3 Month Average | 8.878 % | £6,214 | £76,214 |
| 6 Month Average | -0.647 % | £-452 | £69,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £74,185 | £72,500 | 57 BELMONT STREET |
| 26 Oct 2023 | £69,580 | £68,000 | 44 ESTCOURT STREET |
| 20 Oct 2023 | £69,069 | £67,500 | 46 ESTCOURT STREET |
| 13 Oct 2023 | £86,975 | £85,000 | 72 BELMONT STREET |
| 1 Sep 2023 | £57,262 | £56,000 | 68 BELMONT STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 11 Apr 2020. Using an estimated price of £75,552 means this house is valued at £1,452 per sq meter (£134 per sq foot).
The average size of a house on BELMONT STREET is 61 sq meters (662 sq feet).