£246,443
This estimated value is based upon the latest sale price for the house of £235,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £235,000 | 25 Feb 2022 |
| £117,000 | 2 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2022 the House Price Index for CUMBRIA was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £235,000 results in an estimated price of approximately £246,443.
| 25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £235,000 | £11,443 | £246,443 |
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 | -20.401 % | £-47,941 | £187,058 |
| 3 Month Average | -4.962 % | £-11,660 | £223,339 |
| 6 Month Average | 9.011 % | £21,174 | £256,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £152,254 | £150,000 | 41 OXFORD STREET |
| 18 Aug 2023 | £209,836 | £208,000 | 7 OXFORD STREET |
| 10 Mar 2023 | £191,807 | £190,000 | 34 OXFORD STREET |
| 28 Oct 2022 | £181,150 | £183,100 | 26 OXFORD STREET |
| 25 Feb 2022 | £246,443 | £235,000 | 38 OXFORD STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 30 Nov 2021. Using an estimated price of £246,443 means this house is valued at £2,567 per sq meter (£238 per sq foot).
The average size of a house on OXFORD STREET is 79 sq meters (861 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Chapel Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tyson Square |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hartley Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hartley Street |
| Mar 2024 | Anti-social behaviour | On or near Hartley Street |