£273,383
This estimated value is based upon the latest sale price for the house of £160,000 on 22 Jun 2012. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £160,000 | 22 Jun 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 673 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 June 2012 the House Price Index for CUMBRIA was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £160,000 results in an estimated price of approximately £273,383.
| 22 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £160,000 | £113,383 | £273,383 |
The Postcode Pricing Model uses changes in average sales price within the LA9 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 | 90.584 % | £144,934 | £304,934 |
| 3 Month Average | 47.001 % | £75,201 | £235,201 |
| 6 Month Average | 41.402 % | £66,243 | £226,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £209,436 | £203,000 | 24 CHAMBERS CLOSE |
| 13 Oct 2023 | £402,645 | £393,500 | 12 MICHAELSON ROAD |
| 18 Sep 2023 | £276,086 | £270,000 | 21 CHAMBERS CLOSE |
| 18 Aug 2023 | £213,857 | £210,000 | 6 YEATS CLOSE |
| 10 Aug 2023 | £310,602 | £305,000 | 14 CHAMBERS CLOSE |
This house has a floor area of 62 sq meters or 673 sq feet when measured on 12 Jul 2010. Using an estimated price of £273,383 means this house is valued at £4,369 per sq meter (£405 per sq foot).
The average size of a house on MICHAELSON ROAD is 118 sq meters (1,276 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (673 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chambers Close |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Pembroke Court |
| Jun 2024 | Anti-social behaviour | On or near Pembroke Court | |
| Jun 2024 | Anti-social behaviour | On or near Pembroke Court | |
| Jun 2024 | Anti-social behaviour | On or near Pembroke Court |