£258,478
This estimated value is based upon the latest sale price for the house of £255,000 on 4 Jul 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £255,000 | 4 Jul 2023 |
| £215,000 | 7 Dec 2018 |
| Semi-Detached |
| Leasehold |
| Floor Area: 142 sq meters or 1,528 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 July 2023 the House Price Index for CUMBRIA was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £255,000 results in an estimated price of approximately £258,478.
| 4 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £255,000 | £3,478 | £258,478 |
The Postcode Pricing Model uses changes in average sales price within the CA14 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 | -20.490 % | £-52,249 | £202,750 |
| 3 Month Average | -7.989 % | £-20,371 | £234,628 |
| 6 Month Average | 7.694 % | £19,620 | £274,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £258,479 | £255,000 | 22 BANKLANDS |
| 9 Jun 2023 | £222,698 | £220,000 | 14 BANKLANDS |
| 3 Apr 2023 | £80,871 | £80,000 | 31A BANKLANDS |
| 31 Mar 2023 | £130,732 | £129,500 | 10 BERWICK STREET |
| 9 Feb 2023 | £154,896 | £155,000 | 40 MASON STREET |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 28 Nov 2012. Using an estimated price of £258,479 means this house is valued at £1,820 per sq meter (£169 per sq foot).
The average size of a house on BANKLANDS is 190 sq meters (2,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mason Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Craig Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near New Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Grove |
| Jan 2024 | Robbery | Awaiting court outcome | On or near Garfield Street |