£75,431
This estimated value is based upon the latest sale price for the house of £70,000 on 20 Sep 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £70,000 | 20 Sep 2021 |
| £62,500 | 9 Oct 2009 |
| £25,500 | 18 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 740 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 September 2021 the House Price Index for CUMBRIA was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £70,000 results in an estimated price of approximately £75,431.
| 20 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £70,000 | £5,431 | £75,431 |
The Postcode Pricing Model uses changes in average sales price within the LA18 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 | -52.510 % | £-36,756 | £33,243 |
| 3 Month Average | -11.323 % | £-7,926 | £62,073 |
| 6 Month Average | -15.333 % | £-10,732 | £59,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £70,000 | £70,000 | 28 OXFORD STREET |
| 6 Sep 2023 | £72,933 | £72,000 | 15 OXFORD STREET |
| 24 Aug 2023 | £116,015 | £115,000 | 34 DEVONSHIRE ROAD |
| 8 Aug 2023 | £110,971 | £110,000 | 18 DEVONSHIRE ROAD |
| 3 Jul 2023 | £62,846 | £62,000 | 32 SURREY STREET |
This house has a floor area of 68 sq meters or 740 sq feet when measured on 21 Jul 2009. Using an estimated price of £75,431 means this house is valued at £1,095 per sq meter (£101 per sq foot).
The average size of a house on SURREY STREET is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Argyle Street | |
| Feb 2024 | Anti-social behaviour | On or near Argyle Street | |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Argyle Street |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Argyle Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Surrey Street |