£66,567
This estimated value is based upon the latest sale price for the house of £58,000 on 2 Dec 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£58,000 | 2 Dec 2020 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 December 2020 the House Price Index for CUMBRIA was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £58,000 results in an estimated price of approximately £66,567.
2 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £58,000 | £8,567 | £66,567 |
The Postcode Pricing Model uses changes in average sales price within the LA18 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 | -13.403 % | £-7,773 | £50,226 |
3 Month Average | -21.766 % | £-12,624 | £45,375 |
6 Month Average | -2.735 % | £-1,586 | £56,413 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £88,127 | £87,000 | 10 LAPSTONE ROAD |
25 Aug 2023 | £112,988 | £112,000 | 47 MARKET STREET |
10 Feb 2023 | £34,976 | £35,000 | 9 ST GEORGES TERRACE |
28 Oct 2022 | £93,988 | £95,000 | 26 CROWN STREET |
6 Sep 2022 | £74,399 | £75,000 | 14 LAPSTONE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 20 Jan 2016. Using an estimated price of £66,567 means this house is valued at £665 per sq meter (£61 per sq foot).
The average size of a house on ALBERT STREET is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lancashire Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lancashire Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |