£266,204
This estimated value is based upon the latest sale price for the house of £174,500 on 20 Aug 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £174,500 | 20 Aug 2014 |
| £160,000 | 31 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,137 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 August 2014 the House Price Index for CUMBRIA was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £174,500 results in an estimated price of approximately £266,204.
| 20 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £174,500 | £91,704 | £266,204 |
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 | 45.606 % | £79,582 | £254,082 |
| 3 Month Average | 26.380 % | £46,032 | £220,532 |
| 6 Month Average | 34.577 % | £60,336 | £234,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £256,511 | £250,000 | 5 ROMNEY ROAD |
| 25 Apr 2023 | £290,432 | £285,000 | 4 ROMNEY ROAD |
| 10 Feb 2023 | £221,479 | £220,000 | 31 PARK STREET |
| 8 Jul 2022 | £297,986 | £295,000 | 3 ROMNEY VILLAS |
| 27 May 2022 | £195,082 | £190,000 | 8 ROMNEY AVENUE |
This house has a floor area of 105 sq meters or 1,137 sq feet when measured on 26 Jun 2009. Using an estimated price of £266,205 means this house is valued at £2,518 per sq meter (£234 per sq foot).
The average size of a house on ROMNEY ROAD is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Romney Road |
| Jun 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Romney Road |
| Jul 2024 | Drugs | Local resolution | On or near Ford Terrace |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Park Street |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Romney Gardens |