£50,964
This estimated value is based upon the latest sale price for the house of £50,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£50,000 | 20 Dec 2023 |
£22,000 | 23 May 2003 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 December 2023 the House Price Index for CUMBRIA was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £50,000 results in an estimated price of approximately £50,964.
20 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.2 | 148.0 | 1.928 % | £50,000 | £964 | £50,964 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 25.538 % | £12,769 | £62,769 |
3 Month Average | 3.116 % | £1,558 | £51,558 |
6 Month Average | -4.776 % | £-2,388 | £47,611 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £50,964 | £50,000 | 25 DERRY STREET |
11 Dec 2023 | £54,022 | £53,000 | 39 GLASGOW STREET |
7 Dec 2023 | £91,685 | £89,950 | 8 ARGYLE STREET |
28 Jul 2023 | £95,907 | £95,000 | 65 GLASGOW STREET |
5 Apr 2023 | £74,050 | £73,500 | 40 ARGYLE STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 21 Apr 2014. Using an estimated price of £50,964 means this house is valued at £707 per sq meter (£65 per sq foot).
The average size of a house on DERRY STREET is 77 sq meters (831 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derry Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Derry Street |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Argyle Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glasgow Street |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Glasgow Street |