£152,693
This estimated value is based upon the latest sale price for the house of £138,000 on 4 Oct 2021. 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 Langrigg Road
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| Price Paid | Date |
|---|---|
| £138,000 | 4 Oct 2021 |
| £127,000 | 15 Dec 2017 |
| £128,000 | 16 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 October 2021 the House Price Index for CUMBRIA was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £138,000 results in an estimated price of approximately £152,693.
| 4 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £138,000 | £14,693 | £152,693 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | -12.096 % | £-16,692 | £121,307 |
| 3 Month Average | 3.289 % | £4,538 | £142,538 |
| 6 Month Average | 6.080 % | £8,390 | £146,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £55,000 | £55,000 | 3A NEWLAITHES AVENUE |
| 20 Nov 2023 | £122,818 | £121,000 | 18 KENTMERE GROVE |
| 8 Nov 2023 | £98,965 | £97,500 | 65 NEWLAITHES AVENUE |
| 31 Jul 2023 | £114,035 | £112,500 | 14 KENTMERE GROVE |
| 31 Jan 2023 | £86,592 | £87,000 | 14 NEWLAITHES AVENUE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 18 May 2017. Using an estimated price of £152,694 means this house is valued at £1,241 per sq meter (£115 per sq foot).
The average size of a house on NEWLAITHES AVENUE is 77 sq meters (833 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Langrigg Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Langrigg Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langrigg Road |
| Jan 2024 | Burglary | Under investigation | On or near Langrigg Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Langrigg Road |