£248,131
This estimated value is based upon the latest sale price for the house of £46,000 on 6 Dec 1996. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £46,000 | 6 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 1996 the House Price Index for CUMBRIA was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £46,000 results in an estimated price of approximately £248,131.
| 6 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £46,000 | £202,131 | £248,131 |
The Postcode Pricing Model uses changes in average sales price within the LA13 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 | 136.970 % | £63,006 | £109,006 |
| 3 Month Average | 262.252 % | £120,635 | £166,635 |
| 6 Month Average | 260.846 % | £119,989 | £165,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £183,205 | £180,000 | 28 CLEVELANDS AVENUE |
| 29 Sep 2023 | £303,885 | £300,000 | 6 FLASS LANE |
| 22 Sep 2023 | £167,137 | £165,000 | 27 CLEVELANDS AVENUE |
| 14 Jul 2023 | £223,001 | £220,000 | 225 RATING LANE |
| 15 Jun 2023 | £217,130 | £214,500 | 47 FLASS LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 6 May 2014. Using an estimated price of £248,132 means this house is valued at £3,353 per sq meter (£311 per sq foot).
The average size of a house on FLASS LANE is 107 sq meters (1,158 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Drugs | Under investigation | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Supermarket |