£177,154
This estimated value is based upon the latest sale price for the house of £178,000 on 28 Mar 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £178,000 | 28 Mar 2023 |
| £160,000 | 7 Apr 2017 |
| £142,000 | 2 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2023 the House Price Index for CUMBRIA was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £178,000 results in an estimated price of approximately £177,154.
| 28 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £178,000 | £-845 | £177,154 |
The Postcode Pricing Model uses changes in average sales price within the CA11 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 | -17.712 % | £-31,528 | £146,471 |
| 3 Month Average | 5.089 % | £9,058 | £187,058 |
| 6 Month Average | 4.276 % | £7,611 | £185,611 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 4 Feb 2014.
The average size of a house on TYNE CLOSE TERRACE is 90 sq meters (974 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Tyne Close Terrace |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyne Close Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Castle Drive |
| Dec 2023 | Possession of weapons | Unable to prosecute suspect | On or near Castle Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyne Close Avenue |