£80,045
This estimated value is based upon the latest sale price for the house of £17,000 on 15 May 1998. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£17,000 | 15 May 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 377 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 May 1998 the House Price Index for CUMBRIA was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £17,000 results in an estimated price of approximately £80,045.
15 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 148.6 | 370.858 % | £17,000 | £63,045 | £80,045 |
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 | 368.091 % | £62,575 | £79,575 |
3 Month Average | 266.823 % | £45,359 | £62,359 |
6 Month Average | 285.475 % | £48,530 | £65,530 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £50,000 | £50,000 | 12 WILLIAM STREET |
21 Jul 2023 | £81,091 | £80,000 | 64 BUCCLEUCH STREET |
9 Jun 2023 | £60,736 | £60,000 | 17 WALLACE STREET |
16 Mar 2023 | £49,466 | £49,000 | 13 WALLACE STREET |
2 Nov 2022 | £989 | £1,001 | 27 CAVENDISH STREET |
This house has a floor area of 35 sq meters or 377 sq feet when measured on 3 Dec 2008. Using an estimated price of £80,046 means this house is valued at £2,283 per sq meter (£212 per sq foot).
There is one other house on the street which we know the size of, this is 32 GRANGE CRESCENT it is 46.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Grange Crescent |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grange Crescent |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grange Crescent |