£156,335
This estimated value is based upon the latest sale price for the house of £108,500 on 8 May 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £108,500 | 8 May 2015 |
| £100,000 | 9 Apr 2009 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,035 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 May 2015 the House Price Index for CUMBRIA was 101.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 44.088%.Applying this 44.088% change to the original purchase price of £108,500 results in an estimated price of approximately £156,335.
| 8 May 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 146.7 | 44.088 % | £108,500 | £47,835 | £156,335 |
The Postcode Pricing Model uses changes in average sales price within the CA1 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 | -27.013 % | £-29,308 | £79,191 |
| 3 Month Average | 25.084 % | £27,216 | £135,716 |
| 6 Month Average | 27.046 % | £29,344 | £137,844 |
This house has a floor area of 96 sq meters or 1,035 sq feet when measured on 17 Feb 2009.
The average size of a house on BROAD STREET is 128 sq meters (1,379 sq feet).