£156,686
This estimated value is based upon the latest sale price for the house of £90,904 on 21 Dec 2011. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £90,904 | 21 Dec 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 965 sq feet |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in December 2011 the House Price Index for CUMBRIA was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £90,904 results in an estimated price of approximately £156,686.
| 21 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £90,904 | £65,782 | £156,686 |
The Postcode Pricing Model uses changes in average sales price within the LA23 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 | 123.010 % | £111,821 | £202,725 |
| 3 Month Average | 117.973 % | £107,242 | £198,146 |
| 6 Month Average | 107.499 % | £97,720 | £188,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £223,918 | £220,000 | FLAT 2 31 MAIN ROAD |
| 18 Aug 2023 | £706,178 | £700,000 | 6 CRESCENT ROAD |
| 1 Mar 2023 | £257,425 | £255,000 | 21 CUMBRIA COURT |
| 3 Feb 2023 | £274,815 | £275,000 | 7 BEECH STREET |
| 28 Jul 2022 | £320,864 | £320,000 | 16 BEECH STREET |
This house has a floor area of 89 sq meters or 965 sq feet when measured on 10 Aug 2010. Using an estimated price of £156,687 means this house is valued at £1,746 per sq meter (£162 per sq foot).
The average size of a house on MAIN ROAD is 74 sq meters (803 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Main Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Main Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Main Road |
| Jan 2024 | Other theft | Under investigation | On or near Beech Street |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Crescent Road |