£244,380
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£185,000 | 2 Dec 2016 |
£57,950 | 5 Mar 1999 |
Terraced |
Freehold |
Floor Area: 126 sq meters or 1,356 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 2016 the House Price Index for CUMBRIA was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £185,000 results in an estimated price of approximately £244,380.
2 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £185,000 | £59,380 | £244,380 |
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 | 40.854 % | £75,580 | £260,580 |
3 Month Average | 24.199 % | £44,767 | £229,767 |
6 Month Average | 27.204 % | £50,326 | £235,326 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £162,497 | £160,000 | 8 OLD LOUND |
24 Apr 2023 | £59,106 | £58,000 | 34 LOUND PLACE |
21 Apr 2023 | £294,509 | £289,000 | 8 GARDEN STREET |
23 Jan 2023 | £297,796 | £297,000 | 3 GARDEN STREET |
16 Jan 2023 | £105,281 | £105,000 | 1 LOUND SQUARE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 25 Feb 2016. Using an estimated price of £244,380 means this house is valued at £1,939 per sq meter (£180 per sq foot).
The average size of a house on GARDEN ROAD is 105 sq meters (1,132 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lound Square |
Jul 2024 | Drugs | Further investigation is not in the public interest | On or near Lound Square |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Lound Square |
May 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Lound Square |
May 2024 | Other crime | Unable to prosecute suspect | On or near Lound Place |