£70,978
This estimated value is based upon the latest sale price for the house of £56,000 on 8 Sep 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£56,000 | 8 Sep 2017 |
£27,000 | 8 Aug 2003 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 September 2017 the House Price Index for CUMBRIA was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £56,000 results in an estimated price of approximately £70,978.
8 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £56,000 | £14,978 | £70,978 |
The Postcode Pricing Model uses changes in average sales price within the LA13 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 | -19.197 % | £-10,750 | £45,249 |
3 Month Average | 18.070 % | £10,119 | £66,119 |
6 Month Average | 6.821 % | £3,819 | £59,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £57,500 | £57,500 | 43 WORCESTER STREET |
12 Dec 2023 | £63,613 | £62,500 | 14 WORCESTER STREET |
17 Nov 2023 | £82,471 | £81,250 | 32 GLOUCESTER STREET |
18 Sep 2023 | £121,554 | £120,000 | 44 RISEDALE ROAD |
21 Aug 2023 | £55,485 | £55,000 | 30 GLOUCESTER STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Mar 2010. Using an estimated price of £70,978 means this house is valued at £946 per sq meter (£87 per sq foot).
The average size of a house on GLOUCESTER STREET is 70 sq meters (756 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Street |
Mar 2024 | Other theft | Under investigation | On or near Gloucester Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Street |
Feb 2024 | Other crime | Local resolution | On or near Gloucester Street |