£204,477
This estimated value is based upon the latest sale price for the house of £165,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £165,000 | 27 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 2018 the House Price Index for CUMBRIA was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £165,000 results in an estimated price of approximately £204,477.
| 27 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £165,000 | £39,477 | £204,477 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 35.529 % | £58,622 | £223,622 |
| 3 Month Average | 21.199 % | £34,978 | £199,978 |
| 6 Month Average | 24.318 % | £40,125 | £205,125 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £319,080 | £315,000 | 11 WELL LANE |
| 18 Aug 2023 | £196,721 | £195,000 | 16 ALDWYCH TERRACE |
| 17 Aug 2023 | £252,206 | £250,000 | 2 PARK ROAD |
| 13 Jul 2023 | £201,715 | £199,000 | 1 PARK ROAD |
| 12 Apr 2023 | £183,981 | £182,000 | 13 PRIORY COURT |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 28 Sep 2017. Using an estimated price of £204,477 means this house is valued at £2,690 per sq meter (£249 per sq foot).
The average size of a house on PARK ROAD is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Aldwych Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Aldwych Terrace |
| Mar 2024 | Anti-social behaviour | On or near Priory Court | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Derwent Place |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Rydal Road |