£225,842
This estimated value is based upon the latest sale price for the house of £145,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £145,000 | 16 May 2014 |
| £133,000 | 12 Dec 2005 |
| £19,000 | 22 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2014 the House Price Index for CUMBRIA was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £145,000 results in an estimated price of approximately £225,842.
| 16 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £145,000 | £80,842 | £225,842 |
The Postcode Pricing Model uses changes in average sales price within the LA9 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 | 105.778 % | £153,378 | £298,378 |
| 3 Month Average | 41.700 % | £60,465 | £205,465 |
| 6 Month Average | 38.416 % | £55,703 | £200,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £265,290 | £265,290 | 25 UNDERLEY AVENUE |
| 22 Mar 2024 | £441,788 | £435,000 | 1 UNDERLEY AVENUE |
| 3 Nov 2023 | £193,410 | £188,500 | 45 SPARROWMIRE LANE |
| 25 Oct 2023 | £168,835 | £165,000 | 27 LOW GARTH |
| 25 Oct 2023 | £255,810 | £250,000 | 15 UNDERLEY AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 17 Dec 2013. Using an estimated price of £225,842 means this house is valued at £2,720 per sq meter (£252 per sq foot).
The average size of a house on HIGH MEAD is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near High Mead |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Low Mead |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Low Mead |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Low Mead |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Newbiggin |