£255,711
This estimated value is based upon the latest sale price for the house of £222,500 on 23 Jul 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£222,500 | 23 Jul 2021 |
£147,500 | 3 Feb 2006 |
£110,000 | 13 Oct 2004 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 July 2021 the House Price Index for CUMBRIA was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £222,500 results in an estimated price of approximately £255,711.
23 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 148.6 | 14.927 % | £222,500 | £33,211 | £255,711 |
The Postcode Pricing Model uses changes in average sales price within the LA15 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 | 8.711 % | £19,382 | £241,882 |
3 Month Average | -22.322 % | £-49,666 | £172,833 |
6 Month Average | -21.288 % | £-47,366 | £175,133 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £190,000 | £190,000 | 3A ROMNEY PARK |
8 Dec 2023 | £178,116 | £175,000 | 55 MOUNT PLEASANT |
23 Nov 2023 | £286,238 | £282,000 | 17 ROMNEY PARK |
16 Nov 2023 | £60,902 | £60,000 | 64 MOUNT PLEASANT |
30 Jun 2023 | £136,655 | £135,000 | 51 MOUNT PLEASANT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 21 Jul 2020. Using an estimated price of £255,712 means this house is valued at £2,905 per sq meter (£269 per sq foot).
The average size of a house on ROMNEY PARK is 96 sq meters (1,042 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Local resolution | On or near Skelgate |
Jan 2024 | Drugs | Under investigation | On or near Myrtle Grove |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Skeldene Close |
Mar 2024 | Anti-social behaviour | On or near Kings Mount | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kings Mount |