£124,351
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Mar 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£120,000 | 28 Mar 2022 |
£88,000 | 26 Jan 2004 |
£35,250 | 18 Jul 1997 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 2022 the House Price Index for CUMBRIA was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £120,000 results in an estimated price of approximately £124,351.
28 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £120,000 | £4,351 | £124,351 |
The Postcode Pricing Model uses changes in average sales price within the CA16 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 | -50.551 % | £-60,660 | £59,339 |
3 Month Average | -18.505 % | £-22,206 | £97,793 |
6 Month Average | 10.709 % | £12,850 | £132,850 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £110,000 | £110,000 | 2 CHERRY ROW |
14 Nov 2023 | £303,493 | £299,000 | THE IVYS DOOMGATE |
22 Sep 2023 | £140,800 | £139,000 | 13 DOOMGATE |
17 Aug 2023 | £438,839 | £435,000 | THE ARMOURY HOLME STREET |
9 Mar 2023 | £137,293 | £136,000 | 31 CHAPEL STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 12 Aug 2021. Using an estimated price of £124,351 means this house is valued at £2,302 per sq meter (£213 per sq foot).
The average size of a house on CHAPEL STREET is 110 sq meters (1,194 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Chapel Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Low Wiend |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Low Wiend |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Low Wiend |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |