£277,653
This estimated value is based upon the latest sale price for the house of £177,000 on 29 Apr 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£177,000 | 29 Apr 2014 |
£53,000 | 22 Aug 1995 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 April 2014 the House Price Index for CUMBRIA was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £177,000 results in an estimated price of approximately £277,653.
29 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £177,000 | £100,653 | £277,653 |
The Postcode Pricing Model uses changes in average sales price within the LA9 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 | 9.004 % | £15,936 | £192,936 |
3 Month Average | 36.835 % | £65,197 | £242,197 |
6 Month Average | 30.373 % | £53,760 | £230,760 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £102,324 | £100,000 | 26B PARK AVENUE |
29 Jun 2023 | £287,767 | £282,000 | 41 PARK AVENUE |
10 Feb 2023 | £221,479 | £220,000 | 31 PARK STREET |
1 Aug 2022 | £233,090 | £232,000 | 38 PARK AVENUE |
16 May 2022 | £133,477 | £130,000 | 14B PARK STREET |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 25 Jun 2013. Using an estimated price of £277,654 means this house is valued at £2,619 per sq meter (£243 per sq foot).
The average size of a house on PARK AVENUE is 101 sq meters (1,088 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Awaiting court outcome | On or near Park Avenue |
Jul 2024 | Other crime | Unable to prosecute suspect | On or near Park Street |
Jul 2024 | Other crime | Under investigation | On or near Romney Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Gardens |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Gardens |