£69,305
This estimated value is based upon the latest sale price for the house of £68,000 on 31 May 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£68,000 | 31 May 2022 |
£80,000 | 25 Sep 2015 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 May 2022 the House Price Index for CUMBRIA was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £68,000 results in an estimated price of approximately £69,305.
31 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £68,000 | £1,305 | £69,305 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 19.265 % | £13,099 | £81,099 |
3 Month Average | 27.352 % | £18,599 | £86,599 |
6 Month Average | 9.571 % | £6,508 | £74,508 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2023 | £139,692 | £138,000 | 12 RYDAL AVENUE |
16 Jun 2023 | £75,920 | £75,000 | 76 BUTTERMERE AVENUE |
31 May 2022 | £69,306 | £68,000 | 64 BUTTERMERE AVENUE |
7 Mar 2022 | £119,170 | £115,000 | 70 BUTTERMERE AVENUE |
20 Sep 2021 | £91,595 | £85,000 | 57 BUTTERMERE AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Sep 2020. Using an estimated price of £69,306 means this house is valued at £805 per sq meter (£74 per sq foot).
The average size of a house on BUTTERMERE AVENUE is 93 sq meters (1,003 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grasmere Avenue |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Rydal Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lakeland Avenue |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Lakeland Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lakeland Avenue |