£426,991
This estimated value is based upon the latest sale price for the house of £349,999 on 12 Jun 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 |
|---|---|
| £349,999 | 12 Jun 2020 |
| £214,926 | 31 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 June 2020 the House Price Index for EAST RIDING OF YORKSHIRE was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £349,999 results in an estimated price of approximately £426,991.
| 12 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £349,999 | £76,992 | £426,991 |
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 | 9.837 % | £34,430 | £384,429 |
| 3 Month Average | 19.441 % | £68,043 | £418,042 |
| 6 Month Average | 12.715 % | £44,501 | £394,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £317,759 | £315,000 | 50 WHEATLANDS DRIVE |
| 1 Dec 2023 | £464,266 | £450,000 | 44 MOLESCROFT ROAD |
| 23 Nov 2023 | £180,902 | £176,310 | APARTMENT 23 ANDREWS COURT MOLESCROFT ROAD |
| 6 Nov 2023 | £277,032 | £270,000 | 33 WHEATLANDS DRIVE |
| 2 Oct 2023 | £1,637,184 | £1,600,000 | 2 BRIMLEY GREEN |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Aug 2019. Using an estimated price of £426,992 means this house is valued at £4,965 per sq meter (£461 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 | Violence and sexual offences | Action to be taken by another organisation | On or near Burton Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairlawn |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wheatlands Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wheatlands Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest |