£167,029
This estimated value is based upon the latest sale price for the house of £160,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £160,000 | 31 Mar 2022 |
| £125,000 | 7 Jun 2018 |
| Flats/Maisonettes |
| Leasehold |
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 March 2022 the House Price Index for CUMBRIA was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £160,000 results in an estimated price of approximately £167,029.
| 31 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £160,000 | £7,029 | £167,029 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 81.070 % | £129,711 | £289,711 |
| 3 Month Average | -15.908 % | £-25,452 | £134,547 |
| 6 Month Average | 0.846 % | £1,353 | £161,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £132,028 | £130,000 | FLAT 2 WESLEYAN COURT NEVILLE STREET |
| 17 Nov 2023 | £287,293 | £280,000 | 1 BREWERY MOUNT |
| 20 Oct 2023 | £133,021 | £130,000 | FLAT 3 WESLEYAN COURT NEVILLE STREET |
| 18 Sep 2023 | £127,818 | £125,000 | FLAT 7 WESLEYAN COURT NEVILLE STREET |
| 31 Aug 2023 | £180,251 | £177,000 | 3 RACHAELS COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near County Road |
| Jun 2024 | Drugs | Under investigation | On or near County Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near County Road |
| May 2024 | Anti-social behaviour | On or near County Road | |
| May 2024 | Anti-social behaviour | On or near County Road |