£116,909
This estimated value is based upon the latest sale price for the house of £62,000 on 14 Dec 2004. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £62,000 | 14 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2004 the House Price Index for CUMBRIA was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £62,000 results in an estimated price of approximately £116,909.
| 14 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £62,000 | £54,909 | £116,909 |
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 | 2.817 % | £1,746 | £63,746 |
| 3 Month Average | 75.795 % | £46,993 | £108,993 |
| 6 Month Average | 59.492 % | £36,885 | £98,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £83,062 | £82,000 | 186 DEVON STREET |
| 2 Aug 2023 | £97,856 | £97,000 | 170 DEVON STREET |
| 30 Mar 2023 | £70,666 | £70,000 | 40 SUFFOLK STREET |
| 24 Mar 2023 | £70,666 | £70,000 | 178 DEVON STREET |
| 24 Feb 2023 | £104,929 | £105,000 | 153 DEVON STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 26 Apr 2016. Using an estimated price of £116,910 means this house is valued at £1,601 per sq meter (£148 per sq foot).
The average size of a house on LEICESTER STREET is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cecil Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cecil Street |
| Mar 2024 | Anti-social behaviour | On or near Suffolk Street | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Suffolk Street |
| Mar 2024 | Anti-social behaviour | On or near Suffolk Street |