£121,851
This estimated value is based upon the latest sale price for the house of £87,500 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£87,500 | 27 Nov 2015 |
Terraced |
Freehold |
Floor Area: 124 sq meters or 1,334 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 November 2015 the House Price Index for CUMBRIA was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £87,500 results in an estimated price of approximately £121,851.
27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £87,500 | £34,351 | £121,851 |
The Postcode Pricing Model uses changes in average sales price within the LA16 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 | -51.737 % | £-45,269 | £42,230 |
3 Month Average | 25.721 % | £22,505 | £110,005 |
6 Month Average | 28.316 % | £24,776 | £112,276 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £133,165 | £132,000 | 25 FURNACE PLACE |
25 Jul 2023 | £276,724 | £273,000 | 148 PARKLANDS TERRACE |
11 Jul 2023 | £99,337 | £98,000 | 8 FURNACE PLACE |
10 Jul 2023 | £94,269 | £93,000 | 35 FURNACE PLACE |
3 Feb 2023 | £377,746 | £378,000 | 34 PARKLANDS DRIVE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 22 Feb 2014. Using an estimated price of £121,851 means this house is valued at £982 per sq meter (£91 per sq foot).
The average size of a house on FURNACE PLACE is 92 sq meters (1,000 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Alexander Place |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexander Place |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexander Place |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexander Place |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Alexander Place |