£78,871
This estimated value is based upon the latest sale price for the house of £64,250 on 9 Apr 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £64,250 | 9 Apr 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 April 2020 the House Price Index for CUMBRIA was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £64,250 results in an estimated price of approximately £78,871.
| 9 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £64,250 | £14,621 | £78,871 |
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 | 21.962 % | £14,110 | £78,360 |
| 3 Month Average | 41.729 % | £26,810 | £91,060 |
| 6 Month Average | 22.414 % | £14,400 | £78,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £157,329 | £155,000 | 4 OLD LONDON ROAD |
| 10 Aug 2023 | £54,477 | £54,000 | 8 LANGTON COURT |
| 16 Jun 2023 | £126,533 | £125,000 | 9 OLD LONDON ROAD |
| 23 Feb 2023 | £134,909 | £135,000 | 10 CROWN TERRACE |
| 20 Sep 2022 | £198,398 | £200,000 | 43 KING STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 4 Jul 2019. Using an estimated price of £78,872 means this house is valued at £1,834 per sq meter (£170 per sq foot).
The average size of a house on LANGTON COURT is 56 sq meters (611 sq feet).