£98,157
This estimated value is based upon the latest sale price for the house of £80,000 on 26 Sep 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £80,000 | 26 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2019 the House Price Index for CUMBRIA was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £80,000 results in an estimated price of approximately £98,157.
| 26 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £80,000 | £18,157 | £98,157 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 0.975 % | £780 | £80,780 |
| 3 Month Average | 2.048 % | £1,638 | £81,638 |
| 6 Month Average | 3.795 % | £3,036 | £83,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £50,751 | £50,000 | 45 RODNEY STREET |
| 16 Nov 2023 | £87,292 | £86,000 | 40 KEPPEL STREET |
| 28 Jul 2023 | £55,750 | £55,000 | 24 NELSON STREET |
| 27 Jul 2023 | £45,614 | £45,000 | 47 KEPPEL STREET |
| 21 Apr 2023 | £78,849 | £78,000 | 22 RODNEY STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 2 Apr 2019. Using an estimated price of £98,157 means this house is valued at £1,011 per sq meter (£94 per sq foot).
The average size of a house on NELSON STREET is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monk Street |
| Jan 2024 | Anti-social behaviour | On or near Monk Street | |
| Jan 2024 | Bicycle theft | Under investigation | On or near Monk Street |
| Jan 2024 | Anti-social behaviour | On or near Monk Street | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Monk Street |