£271,374
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 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £160,000 results in an estimated price of approximately £271,374.
| 22 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £160,000 | £111,374 | £271,374 |
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 | 65.390 % | £104,624 | £264,624 |
| 3 Month Average | 50.200 % | £80,319 | £240,319 |
| 6 Month Average | 45.148 % | £72,236 | £232,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £273,497 | £270,000 | 21 CHAMBERS CLOSE |
| 18 Aug 2023 | £211,853 | £210,000 | 6 YEATS CLOSE |
| 10 Aug 2023 | £307,692 | £305,000 | 14 CHAMBERS CLOSE |
| 7 Jul 2023 | £197,660 | £195,000 | 11 YEATS CLOSE |
| 6 Jun 2023 | £394,782 | £390,000 | 14 MICHAELSON ROAD |
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 £271,375 means this house is valued at £4,337 per sq meter (£402 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 |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Pembroke Court | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pembroke Court |
| Feb 2024 | Anti-social behaviour | On or near Westwood Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Westwood Avenue | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Hartside Road |