SPRINGS COURT 42 FIELD CLOSE

£187,441

Full Address

SPRINGS COURT 42 FIELD CLOSE
COTTINGHAM
EAST RIDING OF YORKSHIRE
UNITED KINGDOM
HU16 5GX

Estimated Market Value

£187,441

This estimated value is based upon the latest sale price for the house of £185,542 on 28 Jun 2022. This value is then adjusted by the current Official House Price Index for EAST RIDING OF YORKSHIRE 1

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Transactions for this house
Price PaidDate
£185,54228 Jun 2022
£130,77922 Jun 2022
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 2022 the House Price Index for EAST RIDING OF YORKSHIRE was 146.5.

The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.

Applying this 1.024% change to the original purchase price of £185,542 results in an estimated price of approximately £187,441.

28 Jun 2022 1 Apr 2024 % change Purchase Price Gain / Loss Estimated Price
146.5 148.0 1.024 % £185,542 £1,899 £187,441

The Postcode Pricing Model uses changes in average sales price within the HU16 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 12.771 % £23,696 £209,238
3 Month Average -6.122 % £-11,358 £174,183
6 Month Average 8.043 % £14,922 £200,464
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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