£120,296
This estimated value is based upon the latest sale price for the house of £74,950 on 16 Dec 2013. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £74,950 | 16 Dec 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2013 the House Price Index for CUMBRIA was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £74,950 results in an estimated price of approximately £120,296.
| 16 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £74,950 | £45,346 | £120,296 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | 11.275 % | £8,450 | £83,400 |
| 3 Month Average | 30.926 % | £23,178 | £98,128 |
| 6 Month Average | 30.653 % | £22,974 | £97,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £76,723 | £76,000 | 93 BOWER STREET |
| 26 Aug 2022 | £159,570 | £160,000 | 3 WHEATLANDS |
| 9 Jun 2022 | £116,648 | £115,000 | 47 MARDALE ROAD |
| 13 May 2022 | £144,727 | £142,000 | 67 MARDALE ROAD |
| 25 Mar 2022 | £113,989 | £110,000 | 101 BOWER STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 12 Mar 2013. Using an estimated price of £120,296 means this house is valued at £1,503 per sq meter (£139 per sq foot).
The average size of a house on MARDALE ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wheatlands |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wheatlands |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Shopping Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |