£84,727
This estimated value is based upon the latest sale price for the house of £68,500 on 10 Aug 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £68,500 | 10 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2018 the House Price Index for CUMBRIA was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £68,500 results in an estimated price of approximately £84,727.
| 10 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £68,500 | £16,227 | £84,727 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | -3.824 % | £-2,619 | £65,880 |
| 3 Month Average | 20.231 % | £13,858 | £82,358 |
| 6 Month Average | 7.142 % | £4,892 | £73,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £101,295 | £100,000 | 241 MEADOW ROAD |
| 8 Sep 2023 | £87,114 | £86,000 | 231 MEADOW ROAD |
| 13 Jul 2023 | £121,637 | £120,000 | 12 CROASDALE AVENUE |
| 23 Jun 2023 | £136,605 | £134,950 | 1 COPELAND AVENUE |
| 17 Mar 2023 | £111,046 | £110,000 | 17 COPELAND AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 May 2018. Using an estimated price of £84,728 means this house is valued at £1,033 per sq meter (£95 per sq foot).
The average size of a house on MEADOW ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burnmoor Avenue |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Burnmoor Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Uldale Road |
| Mar 2024 | Other crime | Under investigation | On or near Uldale Road |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Uldale Road |