£142,305
This estimated value is based upon the latest sale price for the house of £97,500 on 5 May 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £97,500 | 5 May 2015 |
| £115,000 | 20 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 May 2015 the House Price Index for CUMBRIA was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £97,500 results in an estimated price of approximately £142,305.
| 5 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £97,500 | £44,805 | £142,305 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | 6.826 % | £6,655 | £104,155 |
| 3 Month Average | 13.442 % | £13,105 | £110,605 |
| 6 Month Average | 17.374 % | £16,939 | £114,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £118,575 | £116,500 | 15 NEWTOWN ROAD |
| 12 Jul 2023 | £114,542 | £113,000 | 7 NEWTOWN ROAD |
| 22 Jun 2023 | £78,450 | £77,500 | 12 GRANVILLE ROAD |
| 2 Jun 2023 | £91,104 | £90,000 | 7 GRANVILLE ROAD |
| 25 Apr 2023 | £73,795 | £73,000 | 36 GRANVILLE ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 5 Jun 2012. Using an estimated price of £142,305 means this house is valued at £2,964 per sq meter (£275 per sq foot).
The average size of a house on NEWTOWN ROAD is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Granville Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Port Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Canal Court |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Canal Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ashley Street |