£69,975
This estimated value is based upon the latest sale price for the house of £40,000 on 13 Oct 2008. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £40,000 | 13 Oct 2008 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2008 the House Price Index for CUMBRIA was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £40,000 results in an estimated price of approximately £69,975.
| 13 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £40,000 | £29,975 | £69,975 |
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 | -2.698 % | £-1,079 | £38,920 |
| 3 Month Average | 46.507 % | £18,602 | £58,602 |
| 6 Month Average | 10.018 % | £4,007 | £44,007 |
| 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 |
| 21 Aug 2023 | £55,485 | £55,000 | 30 GLOUCESTER STREET |
| 15 Aug 2023 | £60,530 | £60,000 | 40 GLOUCESTER STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 23 Oct 2014. Using an estimated price of £69,976 means this house is valued at £885 per sq meter (£82 per sq foot).
The average size of a house on WORCESTER STREET is 73 sq meters (788 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Gloucester Street |