£74,342
This estimated value is based upon the latest sale price for the house of £62,000 on 13 Aug 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £62,000 | 13 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 August 2020 the House Price Index for CUMBRIA was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £62,000 results in an estimated price of approximately £74,342.
| 13 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £62,000 | £12,342 | £74,342 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | -6.006 % | £-3,723 | £58,276 |
| 3 Month Average | 14.988 % | £9,292 | £71,292 |
| 6 Month Average | 11.546 % | £7,158 | £69,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £96,935 | £95,500 | 14 MILLHOLME AVENUE |
| 9 Nov 2023 | £93,383 | £92,000 | 4 MAITLAND STREET |
| 2 Nov 2023 | £91,352 | £90,000 | 25 MONTREAL STREET |
| 21 Sep 2023 | £74,522 | £73,569 | 55 RIDLEY ROAD |
| 18 Aug 2023 | £118,033 | £117,000 | 6 MAITLAND STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 12 Jun 2020. Using an estimated price of £74,342 means this house is valued at £1,281 per sq meter (£119 per sq foot).
The average size of a house on MILLHOLME AVENUE is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millholme Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Millholme Avenue |
| Feb 2024 | Anti-social behaviour | On or near Millholme Avenue | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Millholme Avenue |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Millholme Avenue |