£506,508
This estimated value is based upon the latest sale price for the house of £229,000 on 5 Nov 2003. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£229,000 | 5 Nov 2003 |
£195,000 | 2 Sep 2002 |
£65,000 | 18 May 1995 |
Terraced |
Freehold |
Floor Area: 134 sq meters or 1,442 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 2003 the House Price Index for CUMBRIA was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £229,000 results in an estimated price of approximately £506,508.
5 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.2 | 148.6 | 121.183 % | £229,000 | £277,508 | £506,508 |
The Postcode Pricing Model uses changes in average sales price within the CA12 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 | 120.185 % | £275,223 | £504,223 |
3 Month Average | 109.384 % | £250,488 | £479,488 |
6 Month Average | 85.670 % | £196,183 | £425,183 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Feb 2023 | £274,815 | £275,000 | 14B SOUTHEY STREET |
3 Feb 2023 | £447,199 | £447,500 | 27 ST JOHNS STREET |
22 Nov 2022 | £341,661 | £345,800 | SECOND FLOOR FLAT, 6 SOUTHEY STREET |
5 Sep 2022 | £262,877 | £265,000 | OLD WORKSHOP COTTAGE SHORLEY LANE |
6 Jul 2022 | £110,297 | £110,000 | 2 SOUTHEY YARD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 9 Jun 2014. Using an estimated price of £506,509 means this house is valued at £3,779 per sq meter (£351 per sq foot).
The average size of a house on SOUTHEY STREET is 100 sq meters (1,080 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St John'S Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St John'S Street |
Feb 2024 | Anti-social behaviour | On or near Church Street | |
Feb 2024 | Anti-social behaviour | On or near Church Street |