£247,374
This estimated value is based upon the latest sale price for the house of £160,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£160,000 | 30 May 2014 |
£84,270 | 18 Oct 2002 |
£56,000 | 23 Apr 1999 |
Semi-Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £160,000 results in an estimated price of approximately £247,374.
30 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £160,000 | £87,374 | £247,374 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 34.910 % | £55,856 | £215,856 |
3 Month Average | 27.815 % | £44,504 | £204,504 |
6 Month Average | 10.701 % | £17,120 | £177,120 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £177,500 | £177,500 | 16 ASHLEIGH PLACE |
30 Aug 2023 | £201,765 | £200,000 | 47 TOWER HILL |
30 Jun 2023 | £148,802 | £147,000 | 37 TOWER HILL |
10 Feb 2023 | £169,886 | £170,000 | 38 TOWER HILL |
15 Aug 2022 | £209,436 | £210,000 | 53 TOWER HILL |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 12 Nov 2013. Using an estimated price of £247,374 means this house is valued at £2,151 per sq meter (£199 per sq foot).
The average size of a house on LOOP ROAD SOUTH is 125 sq meters (1,354 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Springfield Avenue | |
Feb 2024 | Anti-social behaviour | On or near Springfield Avenue | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield Avenue |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Springfield Avenue |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wordsworth Road |