£269,708
This estimated value is based upon the latest sale price for the house of £50,000 on 20 Dec 1996. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Cheviot Road
More crime details
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| Price Paid | Date |
|---|---|
| £50,000 | 20 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 1996 the House Price Index for CUMBRIA was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £50,000 results in an estimated price of approximately £269,708.
| 20 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £50,000 | £219,708 | £269,708 |
The Postcode Pricing Model uses changes in average sales price within the CA3 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 | 266.910 % | £133,455 | £183,455 |
| 3 Month Average | 188.146 % | £94,073 | £144,073 |
| 6 Month Average | 235.764 % | £117,882 | £167,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £277,353 | £272,500 | 52 KNOWE ROAD |
| 30 Jun 2023 | £273,311 | £270,000 | 65 SCOTLAND ROAD |
| 15 Jun 2023 | £192,330 | £190,000 | 6 LANSDOWNE CRESCENT |
| 21 Apr 2023 | £237,558 | £235,000 | 48 KNOWE ROAD |
| 23 Feb 2023 | £254,829 | £255,000 | 93 SCOTLAND ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 30 Aug 2018. Using an estimated price of £269,708 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on SCOTLAND ROAD is 121 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Cheviot Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheviot Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cheviot Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Cheviot Road |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Cheviot Road |