£57,678
This estimated value is based upon the latest sale price for the house of £55,000 on 17 Feb 2022. 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 Wallace Street
More crime details
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| Price Paid | Date |
|---|---|
| £55,000 | 17 Feb 2022 |
| 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 February 2022 the House Price Index for CUMBRIA was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £55,000 results in an estimated price of approximately £57,678.
| 17 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £55,000 | £2,678 | £57,678 |
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 | -14.718 % | £-8,095 | £46,904 |
| 3 Month Average | -1.528 % | £-840 | £54,159 |
| 6 Month Average | -3.177 % | £-1,747 | £53,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £137,913 | £135,500 | 111 DUKE STREET |
| 6 Nov 2023 | £65,977 | £65,000 | 43 HAWKE STREET |
| 7 Jul 2023 | £96,296 | £95,000 | 21 PARADE STREET |
| 9 Jun 2023 | £60,736 | £60,000 | 17 WALLACE STREET |
| 16 Mar 2023 | £49,466 | £49,000 | 13 WALLACE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wallace Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wallace Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wallace Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wallace Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |