£624,241
This estimated value is based upon the latest sale price for the house of £615,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £615,000 | 30 Nov 2023 |
| £160,000 | 28 Mar 2002 |
| £134,500 | 8 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 236 sq meters or 2,540 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 2023 the House Price Index for CUMBRIA was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £615,000 results in an estimated price of approximately £624,241.
| 30 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £615,000 | £9,241 | £624,241 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 13.832 % | £85,069 | £700,069 |
| 3 Month Average | 4.289 % | £26,377 | £641,377 |
| 6 Month Average | 9.261 % | £56,954 | £671,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £624,242 | £615,000 | 23 FORD PARK CRESCENT |
| 27 Mar 2023 | £716,753 | £710,000 | BEECH HOUSE, 11A FORD PARK CRESCENT |
| 13 Mar 2023 | £444,185 | £440,000 | ROWANS BELMONT |
| 24 Feb 2023 | £109,926 | £110,000 | 1 VICTORIA PARK |
| 20 Jan 2023 | £350,350 | £352,000 | 23 VICTORIA PARK |
This house has a floor area of 236 sq meters or 2,540 sq feet when measured on 24 Aug 2020. Using an estimated price of £624,242 means this house is valued at £2,645 per sq meter (£245 per sq foot).
The average size of a house on FORD PARK CRESCENT is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Spout Lane |
| Mar 2024 | Anti-social behaviour | On or near Laurel Gardens | |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Laurel Gardens |
| Mar 2024 | Anti-social behaviour | On or near Laurel Gardens | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B5281 |