£405,367
This estimated value is based upon the latest sale price for the house of £238,000 on 12 Feb 2010. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £238,000 | 12 Feb 2010 |
| £118,000 | 15 Nov 2001 |
| £105,000 | 15 Dec 2000 |
| £63,000 | 1 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 800 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 February 2010 the House Price Index for CUMBRIA was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £238,000 results in an estimated price of approximately £405,367.
| 12 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £238,000 | £167,367 | £405,367 |
The Postcode Pricing Model uses changes in average sales price within the LA22 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 | -35.282 % | £-83,971 | £154,028 |
| 3 Month Average | -26.636 % | £-63,393 | £174,606 |
| 6 Month Average | 7.830 % | £18,636 | £256,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £178,116 | £175,000 | 111 MILLANS COURT |
| 13 Dec 2023 | £198,473 | £195,000 | 203 MILLANS COURT |
| 11 Dec 2023 | £111,959 | £110,000 | 5 MILLANS COURT |
| 22 Sep 2023 | £425,440 | £420,000 | 7 MILLANS PARK |
| 17 Aug 2023 | £686,001 | £680,000 | 1 MILLANS PARK |
This house has a floor area of 74 sq meters or 800 sq feet when measured on 6 Jan 2009. Using an estimated price of £405,367 means this house is valued at £5,448 per sq meter (£506 per sq foot).
The average size of a house on PARK STREET is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Further investigation is not in the public interest | On or near Millans Park |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |