£338,721
This estimated value is based upon the latest sale price for the house of £197,500 on 13 Feb 2012. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £197,500 | 13 Feb 2012 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 502 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 2012 the House Price Index for CUMBRIA was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £197,500 results in an estimated price of approximately £338,721.
| 13 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £197,500 | £141,221 | £338,721 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 36.080 % | £71,258 | £268,758 |
| 3 Month Average | 41.537 % | £82,036 | £279,536 |
| 6 Month Average | 40.956 % | £80,887 | £278,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £370,485 | £365,000 | 29 CLARENCE STREET |
| 25 Sep 2023 | £202,590 | £200,000 | 4 AINSLIE STREET |
| 23 Jun 2023 | £222,698 | £220,000 | 1 AINSLIE STREET |
| 14 Jun 2023 | £182,207 | £180,000 | 40 CASSON STREET |
| 9 Sep 2022 | £226,174 | £228,000 | 46 CASSON STREET |
This house has a floor area of 46 sq meters or 502 sq feet when measured on 8 Feb 2012. Using an estimated price of £338,722 means this house is valued at £7,249 per sq meter (£673 per sq foot).
The average size of a house on CLARENCE STREET is 112 sq meters (1,207 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Further investigation is not in the public interest | On or near Clarence Street |
| Dec 2023 | Criminal damage and arson | Local resolution | On or near Clarence Street |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near B5281 |
| Feb 2024 | Bicycle theft | Unable to prosecute suspect | On or near B5281 |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near B5281 |