£228,329
This estimated value is based upon the latest sale price for the house of £152,500 on 11 Nov 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £152,500 | 11 Nov 2014 |
| Semi-Detached |
| 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 November 2014 the House Price Index for CUMBRIA was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £152,500 results in an estimated price of approximately £228,329.
| 11 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £152,500 | £75,829 | £228,329 |
The Postcode Pricing Model uses changes in average sales price within the LA15 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 | 58.363 % | £89,004 | £241,504 |
| 3 Month Average | 29.511 % | £45,004 | £197,504 |
| 6 Month Average | 32.769 % | £49,973 | £202,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £163,000 | £163,000 | 26 CHAPEL STREET |
| 8 Dec 2023 | £178,116 | £175,000 | 55 MOUNT PLEASANT |
| 30 Jun 2023 | £136,655 | £135,000 | 51 MOUNT PLEASANT |
| 16 Jun 2023 | £134,125 | £132,500 | 49 MOUNT PLEASANT |
| 31 Mar 2023 | £85,808 | £85,000 | 32 CHAPEL STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Nov 2013. Using an estimated price of £228,329 means this house is valued at £2,750 per sq meter (£255 per sq foot).
The average size of a house on MYRTLE GROVE is 129 sq meters (1,389 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Myrtle Grove |
| Mar 2024 | Anti-social behaviour | On or near Kings Mount | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mount |
| Feb 2024 | Drugs | Local resolution | On or near Skelgate |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |