£79,083
This estimated value is based upon the latest sale price for the house of £80,000 on 20 Dec 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £80,000 | 20 Dec 2022 |
| £24,000 | 6 Jan 2009 |
| Terraced |
| Freehold |
| Floor Area: 44 sq meters or 483 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 2022 the House Price Index for CUMBRIA was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £80,000 results in an estimated price of approximately £79,083.
| 20 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £80,000 | £-916 | £79,083 |
The Postcode Pricing Model uses changes in average sales price within the CA15 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 | -46.483 % | £-37,186 | £42,813 |
| 3 Month Average | -32.740 % | £-26,191 | £53,808 |
| 6 Month Average | -8.101 % | £-6,480 | £73,519 |
This house has a floor area of 44 sq meters or 483 sq feet when measured on 17 Nov 2008.
The average size of a house on RAILWAY TERRACE is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Short Acres |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Acres |
| Mar 2024 | Other crime | Under investigation | On or near Victory Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Victory Crescent |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Victory Crescent |