£419,416
This estimated value is based upon the latest sale price for the house of £340,000 on 4 Dec 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £340,000 | 4 Dec 2018 |
| £165,000 | 28 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 December 2018 the House Price Index for CUMBRIA was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £340,000 results in an estimated price of approximately £419,416.
| 4 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £340,000 | £79,416 | £419,416 |
The Postcode Pricing Model uses changes in average sales price within the LA13 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 | -32.299 % | £-109,818 | £230,181 |
| 3 Month Average | 0.870 % | £2,958 | £342,958 |
| 6 Month Average | -6.089 % | £-20,702 | £319,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £430,211 | £425,000 | 36 FAIRFIELD LANE |
| 1 Jun 2023 | £232,820 | £230,000 | 4 JESMOND AVENUE |
| 17 Mar 2023 | £82,780 | £82,000 | 38 PROSPECT AVENUE |
| 9 Jan 2023 | £293,617 | £295,000 | 11 LYNDALE AVENUE |
| 31 Aug 2022 | £316,648 | £317,500 | 72A FAIRFIELD LANE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 25 Jun 2018. Using an estimated price of £419,417 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on FAIRFIELD LANE is 142 sq meters (1,537 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Westbourne Crescent |
| Mar 2024 | Public order | Awaiting court outcome | On or near Westbourne Crescent |
| Feb 2024 | Anti-social behaviour | On or near Westbourne Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Westbourne Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Westbourne Crescent |