£65,872
This estimated value is based upon the latest sale price for the house of £44,000 on 23 Oct 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £44,000 | 23 Oct 2014 |
| £30,000 | 8 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 October 2014 the House Price Index for CUMBRIA was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £44,000 results in an estimated price of approximately £65,872.
| 23 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £44,000 | £21,872 | £65,872 |
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 | 36.288 % | £15,966 | £59,966 |
| 3 Month Average | 35.965 % | £15,824 | £59,824 |
| 6 Month Average | 22.364 % | £9,840 | £53,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £89,578 | £90,000 | 6 ALBERT SQUARE |
| 21 Jun 2022 | £91,290 | £90,000 | 22 WELLINGTON ROW |
| 25 Apr 2022 | £55,609 | £54,000 | 28 DUKE STREET |
| 24 Jan 2022 | £71,564 | £68,000 | 7 SCHOOLHOUSE COURT |
| 3 Nov 2021 | £118,967 | £110,000 | 26 DUKE STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 10 Jul 2014. Using an estimated price of £65,873 means this house is valued at £1,062 per sq meter (£98 per sq foot).
The average size of a house on GEORGE STREET is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near George Street | |
| Mar 2024 | Anti-social behaviour | On or near George Street | |
| Mar 2024 | Anti-social behaviour | On or near George Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near George Street |
| Mar 2024 | Possession of weapons | Under investigation | On or near George Street |