£113,496
This estimated value is based upon the latest sale price for the house of £72,000 on 18 Jul 2007. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£72,000 | 18 Jul 2007 |
£39,000 | 21 Dec 2006 |
Terraced |
Freehold |
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 July 2007 the House Price Index for CUMBRIA was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £72,000 results in an estimated price of approximately £113,496.
18 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.634 % | £72,000 | £41,496 | £113,496 |
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 | -9.381 % | £-6,754 | £65,245 |
3 Month Average | -9.385 % | £-6,757 | £65,242 |
6 Month Average | 8.046 % | £5,793 | £77,793 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £110,000 | £110,000 | 44 - 46 QUEEN STREET |
14 Nov 2023 | £57,857 | £57,000 | 70 WELLINGTON STREET |
11 Sep 2023 | £39,505 | £39,000 | 22 WELLINGTON STREET |
7 Jul 2023 | £91,177 | £89,950 | 54 QUEEN STREET |
30 Jun 2023 | £106,287 | £105,000 | 88 LAPSTONE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Lincoln Street |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nelson Street |
Mar 2024 | Burglary | Under investigation | On or near Nelson Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Street |