£94,990
This estimated value is based upon the latest sale price for the house of £80,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£80,000 | 18 Sep 2020 |
£62,000 | 25 Nov 2016 |
£51,000 | 4 Jul 2003 |
£31,000 | 1 May 1998 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 September 2020 the House Price Index for CUMBRIA was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £80,000 results in an estimated price of approximately £94,990.
18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £80,000 | £14,990 | £94,990 |
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 | -8.644 % | £-6,915 | £73,084 |
3 Month Average | 7.952 % | £6,361 | £86,361 |
6 Month Average | 19.888 % | £15,910 | £95,910 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £92,116 | £91,000 | 7 NEW BRIDGE STREET |
19 Apr 2023 | £125,350 | £124,000 | 22 PEART ROAD |
31 Mar 2023 | £97,923 | £97,000 | 29 GRASSLOT |
3 Mar 2023 | £94,894 | £94,000 | 49 GRASSLOT |
22 Aug 2022 | £102,723 | £103,000 | 4 NEW BRIDGE STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 3 Apr 2012. Using an estimated price of £94,991 means this house is valued at £922 per sq meter (£85 per sq foot).
The average size of a house on GRASSLOT is 93 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Awaiting court outcome | On or near Grasslot Street |
Mar 2024 | Criminal damage and arson | Under investigation | On or near New Bridge Street |
Feb 2024 | Drugs | Offender given a caution | On or near New Bridge Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near New Bridge Street |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near New Bridge Street |