£239,110
This estimated value is based upon the latest sale price for the house of £180,000 on 7 Sep 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Friars Terrace
More crime details
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Price Paid | Date |
---|---|
£180,000 | 7 Sep 2016 |
£156,500 | 6 Oct 2006 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 September 2016 the House Price Index for CUMBRIA was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £180,000 results in an estimated price of approximately £239,110.
7 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £180,000 | £59,110 | £239,110 |
The Postcode Pricing Model uses changes in average sales price within the LA13 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 | -12.244 % | £-22,038 | £157,961 |
3 Month Average | 4.202 % | £7,564 | £187,564 |
6 Month Average | 6.809 % | £12,255 | £192,255 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £60,000 | £60,000 | 7 REDWATER GARDENS |
23 Jun 2023 | £158,925 | £157,000 | 12 HEAD MEADOW |
17 Feb 2023 | £147,900 | £148,000 | 11 FRIARS TERRACE |
31 Jan 2023 | £154,273 | £155,000 | 73 FRIARS LANE |
31 Aug 2022 | £232,375 | £233,000 | 132 FRIARS LANE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 30 Sep 2015. Using an estimated price of £239,110 means this house is valued at £2,748 per sq meter (£255 per sq foot).
The average size of a house on FRIARS LANE is 92 sq meters (994 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Friars Terrace |
Mar 2024 | Shoplifting | Under investigation | On or near Abbotsmead Approach |
Mar 2024 | Shoplifting | Awaiting court outcome | On or near Abbotsmead Approach |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Abbotsmead Approach |
Jan 2024 | Shoplifting | Under investigation | On or near Abbotsmead Approach |