£116,480
This estimated value is based upon the latest sale price for the house of £74,000 on 21 Mar 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £74,000 | 21 Mar 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 863 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 March 2014 the House Price Index for CUMBRIA was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £74,000 results in an estimated price of approximately £116,480.
| 21 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £74,000 | £42,480 | £116,480 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | -1.540 % | £-1,139 | £72,860 |
| 3 Month Average | 23.608 % | £17,470 | £91,470 |
| 6 Month Average | 26.587 % | £19,674 | £93,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £74,653 | £74,000 | 10 MARYPORT COURT |
| 27 Jun 2023 | £101,226 | £100,000 | 89 LUND CRESCENT |
| 20 Jun 2023 | £90,091 | £89,000 | 9 CONEY STREET |
| 2 Jun 2023 | £85,030 | £84,000 | 62 LUND CRESCENT |
| 31 Mar 2023 | £57,037 | £56,500 | 12 MARYPORT COURT |
This house has a floor area of 80 sq meters or 863 sq feet when measured on 22 Oct 2011. Using an estimated price of £116,481 means this house is valued at £1,451 per sq meter (£134 per sq foot).
The average size of a house on LUND CRESCENT is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Webster Crescent |
| Mar 2024 | Theft from the person | Under investigation | On or near Webster Crescent |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Webster Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Webster Crescent |
| Feb 2024 | Other theft | Under investigation | On or near Webster Crescent |