£189,751
This estimated value is based upon the latest sale price for the house of £166,000 on 1 Dec 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£166,000 | 1 Dec 2020 |
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 2020 the House Price Index for CUMBRIA was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £166,000 results in an estimated price of approximately £189,751.
1 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.0 | 14.308 % | £166,000 | £23,751 | £189,751 |
The Postcode Pricing Model uses changes in average sales price within the CA11 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 | 33.368 % | £55,390 | £221,390 |
3 Month Average | 4.606 % | £7,645 | £173,645 |
6 Month Average | 14.303 % | £23,743 | £189,743 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £175,593 | £175,000 | 2 FRIARS RISE |
6 Nov 2023 | £182,341 | £180,000 | 2 ASKHAM CRESCENT |
7 Aug 2023 | £171,040 | £170,000 | 25 FOLLY LANE |
21 Jul 2023 | £186,767 | £185,000 | 5 FOLLY LANE |
7 Jun 2023 | £161,308 | £160,000 | 27 FRIARS RISE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 6 Aug 2020. Using an estimated price of £189,751 means this house is valued at £2,371 per sq meter (£220 per sq foot).
The average size of a house on FOLLY LANE is 80 sq meters (870 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Friars Road |
Apr 2024 | Other crime | Under investigation | On or near Friars Road |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Friars Road |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Friars Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Friars Road |